An (s, Q) Markovian inventory system with lost sales and two demand classes.
K. P. Sapna IsotupaPublished in: Math. Comput. Model. (2006)
Keyphrases
- lost sales
- inventory systems
- lead time
- inventory models
- inventory management
- inventory level
- continuous review inventory
- inventory control
- optimal policy
- stochastic demand
- sample path
- periodic review
- single stage
- infinite horizon
- multi item
- production inventory
- single period
- stochastic lead times
- finite horizon
- expected cost
- demand distributions
- single item
- ordering policy
- order quantity
- base stock policies
- supply chain
- search space
- total cost
- single product
- decision problems
- lot sizing
- learning algorithm
- stochastic inventory
- setup cost
- holding cost