Inventory and sales effort management under unobservable lost sales.
H. Sebastian HeeseJayashankar M. SwaminathanPublished in: Eur. J. Oper. Res. (2010)
Keyphrases
- lost sales
- inventory systems
- lead time
- inventory models
- sample path
- inventory control
- optimal policy
- inventory management
- stochastic demand
- multi item
- infinite horizon
- periodic review
- inventory level
- single stage
- finite horizon
- stochastic lead times
- dynamic pricing
- expected cost
- customer service
- lot sizing
- supply chain
- production inventory
- raw material
- single item
- base stock policies
- decision making
- setup cost
- decision problems
- demand distributions
- ordering policy
- long run