Lost-sales inventory theory: A review
β Scribed by Marco Bijvank; Iris F.A. Vis
- Book ID
- 113583673
- Publisher
- Elsevier Science
- Year
- 2011
- Tongue
- English
- Weight
- 424 KB
- Volume
- 215
- Category
- Article
- ISSN
- 0377-2217
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π SIMILAR VOLUMES
Using a system-point (SP) method of level crossings, we derive the stationary distribution of the inventory level (stock on hand) in a continuous-review inventory system with compound Poisson demand, Erlang as well as hyperexponentially distributed lead times, and lost sales. This distribution is th
In this paper we analyze an environment dependent (s, S) inventory system with renewal demands and lost sales where the environment goes through available and unavailable periods according to a two state Markov chain. An order which is placed in an available period is replenished instantaneously and
AbstractΓWhile existing cost analysis studies on the problem of sole versus dual sourcing only deal with the backorder case, we present an exact treatment of this problem in the context of a lost sales inventory system with compound Poisson demand and exponentially distributed lead times. The statio