Technical Note—Cost Formulas for Continuous Review Inventory Models with Fixed Delivery Lags

DOI10.1287/OPRE.31.5.957zbMath0543.60088OpenAlexW2119881570MaRDI QIDQ3332046

Awi Federgruen, Zvi Schechner

Publication date: 1983

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/opre.31.5.957

zbMATH Keywords

renewal reward processcompound Poisson processErlang distributioninventory costs

Mathematics Subject Classification ID

Markov renewal processes, semi-Markov processes (60K15)

Related Items (10)

LOG-CONCAVITY OF COMPOUND DISTRIBUTIONS WITH APPLICATIONS IN OPERATIONAL AND ACTUARIAL MODELS ⋮ A CONTINUOUS REVIEW MODEL WITH GENERAL SHELF AGE AND DELAY-DEPENDENT INVENTORY COSTS ⋮ Optimal Inventory Control with Jump Diffusion and Nonlinear Dynamics in the Demand ⋮ Inventory control with an order-time constraint: optimality, uniqueness and significance ⋮ An analytical study of the \(Q(s,S)\) policy applied to the joint replenishment problem ⋮ Can-order policies for coordinated inventory replenishment with Erlang distributed times between ordering ⋮ Inventory models with general backorder costs ⋮ Optimal replenishment rate for inventory systems with compound Poisson demands and lost sales: a direct treatment of time-average cost ⋮ Optimal continuous production-inventory systems subject to stockout risk ⋮ A Revision of the Power Approximation for Computing (s, S) Policies

This page was built for publication: Technical Note—Cost Formulas for Continuous Review Inventory Models with Fixed Delivery Lags