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Modified base-stock policies for continuous-review, lost-sales inventory models with Poisson demand and a fixed lead time

✍ Scribed by Johansen, Søren Glud


Book ID
123141602
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
340 KB
Volume
143
Category
Article
ISSN
0925-5273

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## Abstract Using Markov renewal theory, we derive analytic expressions for the expected average cost associated with __(s, S)__ policies for a continuous review inventory model with a compound Poisson demand process and stochastic lead time, under the (restrictive) assumption that only one order c