Supply interruptions in a lost-sales inventory system with random lead time.
Esmail MohebbiPublished in: Comput. Oper. Res. (2003)
Keyphrases
- lead time
- lost sales
- continuous review inventory
- stochastic lead times
- inventory systems
- supply chain
- raw material
- inventory models
- inventory level
- sample path
- single stage
- inventory management
- service level
- holding cost
- inventory control
- stochastic demand
- single item
- lot sizing
- periodic review
- setup cost
- infinite horizon
- multi item
- production inventory
- single product
- optimal base stock levels
- base stock policies
- total cost
- optimal policy
- demand distributions
- random variables
- base stock policy
- planning horizon
- expected cost
- customer demand