Production-Inventory Systems with Lost Sales and Compound Poisson Demands.

Jim (Junmin) Shi Michael N. Katehakis Benjamin Melamed Yusen Xia

Published in: Oper. Res. (2014)

Keyphrases

production inventory
lost sales
base stock policies
lead time
inventory level
inventory models
single product
infinite horizon
inventory control
single stage
expert systems
dynamic programming
optimal policy
inventory systems
stochastic demand
production rate