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Developing a closed-form cost expression for an (R, s, nQ) policy where the demand process is compound generalized Erlang.

Christian LarsenGudrun P. Kiesmüller
Published in: Oper. Res. Lett. (2007)
Keyphrases
  • closed form
  • point correspondences
  • customer demand
  • optimal policy
  • iterative procedure
  • special case
  • cost function
  • expected cost
  • inventory policy