Continuous-review, lost-sales inventory models with Poisson demand, a fixed lead time and no fixed order cost

DOI10.1016/J.EJOR.2005.10.027MaRDI QIDQ852961zbMATH OpenOpenAlexFDO

Authors Roger M. Hill

Publication date 15 November 2006

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.ejor.2005.10.027

zbMATH Keywords

base stockcontinuous reviewinventorylost salesPoisson demand

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Recommendations

• Periodic review lost-sales inventory models with compound Poisson demand and constant lead times of any length
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• scientific article; zbMATH DE number 1323108

Cites work

• Foundations of inventory management
• scientific article; zbMATH DE number 3130649 (Why is no real title available?)
• scientific article; zbMATH DE number 3488393 (Why is no real title available?)
• scientific article; zbMATH DE number 3296924 (Why is no real title available?)
• Lost-Sales Problems with Stochastic Lead Times: Convexity Results for Base-Stock Policies
• Note—A Graphical Aid for Determining Optimal Inventories in a Unit Replenishment Inventory System
• Optimal Inventories for an (S − 1, S) System with No Backorders
• Simple Approximations for a Variety of Dynamic Leadtime Lost-Sales Inventory Models
• Stochastic leadtimes in continuous-time inventory models
• The (S − 1, S) Inventory Policy Under Compound Poisson Demand
• The Near-Myopic Nature of the Lagged-Proportional-Cost Inventory Problem with Lost Sales

Cited in

(12)

• Numerical analysis of a continuous-review lost-sales inventory model where two orders may be outstanding
• Periodic review lost-sales inventory models with compound Poisson demand and constant lead times of any length
• Optimal and near-optimal policies for lost sales inventory models with at most one replenishment order outstanding
• The replenishment policy for an inventory system with a fixed ordering cost and a proportional penalty cost under Poisson arrival demands
• A study on the budget constrained facility location model considering inventory management cost
• Lost-sales inventory theory: a review
• Service differentiation in spare parts supply through dedicated stocks
• Performance evaluation of a two‐echelon supply chain with stochastic demand, lost sales, and Coxian‐2 phase replenishment times
• A soft computing-based approach to optimise queuing-inventory control problem
• COORDINATED PRICING AND INVENTORY CONTROL WITH BATCH PRODUCTION AND ERLANG LEADTIMES
• Non-crossing vs. independent lead times in a lost-sales inventory system with compound Poisson demand
• Joint determination of order quantity and reorder point of continuous review model under quantity and freight rate discounts

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