Lost-Sales Problems with Stochastic Lead Times: Convexity Results for Base-Stock Policies
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چکیده
منابع مشابه
Lost-Sales Problems with Stochastic Lead Times: Convexity Results for Base-Stock Policies
We consider a single-location inventory system with periodic review and stochastic demand. It places replenishment orders to raise the inventory position—that is, inventory on hand plus inventory in transit—to exactly S at the beginning of every period. The lead time associated with each of these orders is random. However, the lead-time process is such that these orders do not cross. Demand tha...
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We consider a system that faces stochastic demand, reviews the system periodically and places replenishment orders to raise the inventory position to exactly S at the beginning of every period. The lead time associated with each of these orders is random. However the lead time process is such that these orders are ful lled in a rst-in rst-out sequence. Demand that can not be met with inventory ...
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ژورنال
عنوان ژورنال: Operations Research
سال: 2004
ISSN: 0030-364X,1526-5463
DOI: 10.1287/opre.1040.0130