Multiple replenishment orders in a continuous-review inventory system with lost sales.
Esmail MohebbiMorton J. M. PosnerPublished in: Oper. Res. Lett. (2002)
Keyphrases
- lost sales
- continuous review inventory
- lead time
- inventory level
- inventory systems
- optimal policy
- inventory models
- optimal base stock levels
- infinite horizon
- single stage
- inventory control
- multi item
- stochastic demand
- supply chain
- lot size
- periodic review
- order quantity
- expected cost
- service level
- finite horizon
- long run
- lot sizing
- single item
- setup cost
- random variables
- base stock policies
- decision making
- decision makers
- stochastic inventory
- graphical models