Inventory rationing on a one-for-one inventory model for two priority customer classes with backorders and lost sales.
Oguzhan VicilPublished in: IISE Trans. (2021)
Keyphrases
- lost sales
- lead time
- optimal policy
- state dependent
- single period
- inventory models
- inventory systems
- lot size
- holding cost
- multi item
- stochastic demand
- infinite horizon
- inventory level
- setup cost
- inventory control
- single item
- service level
- supply chain
- probabilistic model
- finite horizon
- single stage
- objective function
- asymptotically optimal
- long run
- lot sizing
- periodic review
- inventory policy