Asymptotic Optimality of Order-Up-To Policies in Lost Sales Inventory Systems.
Woonghee Tim HuhGanesh JanakiramanJohn A. MuckstadtPaat RusmevichientongPublished in: Manag. Sci. (2009)
Keyphrases
- inventory systems
- lost sales
- periodic review
- single stage
- multi item
- optimal policy
- stochastic lead times
- asymptotic optimality
- lot sizing
- multistage
- order quantity
- lead time
- inventory models
- infinite horizon
- inventory control
- asymptotically optimal
- single item
- finite horizon
- setup cost
- sufficient conditions
- upper bound