Lost-sales inventory theory: A review.
Marco BijvankIris F. A. VisPublished in: Eur. J. Oper. Res. (2011)
Keyphrases
- lost sales
- inventory models
- inventory systems
- lead time
- optimal policy
- single stage
- periodic review
- inventory management
- stochastic demand
- multi item
- inventory control
- sample path
- inventory level
- stochastic lead times
- infinite horizon
- single period
- finite horizon
- production inventory
- setup cost
- single item
- base stock policies
- expected cost
- supply chain
- long run
- markov decision processes
- state space
- planning horizon
- order quantity
- mathematical models
- ordering policy