Service Level Constrained Inventory Systems
نویسندگان
چکیده
منابع مشابه
Distribution Free Bounds for Service Constrained (Q, r) Inventory Systems
A classical and important problem in stochastic inventory theory is to determine the order quantity (Q) and the reorder level (r) to minimize inventory holding and backorder costs subject to a service constraint that the fill rate, i.e., the fraction of demand satisfied by inventory in stock, is at least equal to a desired value. This problem is often hard to solve because the fill rate constra...
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This note examines the inventory model with service level constraint in which the lead time, the reordered point and order quantity are treated as decision variables. The previous researchers believed that the objective function is concave in the lead time such that the minimummust occur on the boundary points of each sub-domain. In this note, we will show that their belief contains questionabl...
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ژورنال
عنوان ژورنال: Production and Operations Management
سال: 2019
ISSN: 1059-1478,1937-5956
DOI: 10.1111/poms.13060