The M/M/1 queue with inventory, lost sale, and general lead times.
Mohammad SaffariSøren AsmussenRasoul HajiPublished in: Queueing Syst. Theory Appl. (2013)
Keyphrases
- lead time
- holding cost
- lot sizing
- supply chain
- service level
- inventory systems
- queue length
- special case
- planning horizon
- inventory level
- inventory control
- single product
- total cost
- demand distributions
- assembly systems
- service requirements
- setup cost
- single item
- stochastic lead times
- optimal base stock levels
- lost sales
- poisson process
- random variables
- asymptotically optimal
- infinite horizon
- steady state
- single stage
- finite horizon
- stochastic demand
- periodic review
- queueing networks
- base stock policy
- multistage
- dynamic programming