Two replenishment strategies for the lost sales inventory model: A comparison

International Journal of Production Economics

Volumn 46-47, Issue , 1996, Pages 285-295

  Van Donselaar, Karel ^a   De Kok, Ton ^a   Rutten, Werner ^a  

^a EINDHOVEN UNIVERSITY OF TECHNOLOGY   (Netherlands)

Author keywords

Heuristic; Inventory control; Lost sales; Periodic review; Service level

Indexed keywords

HEURISTIC METHODS; INDUSTRIAL ECONOMICS; MATHEMATICAL MODELS; SYSTEMS ANALYSIS;

FIXED REORDER LEVEL;

INVENTORY CONTROL;

EID: 0030401347     PISSN: 09255273     EISSN: None     Source Type: Journal    
DOI: 10.1016/0925-5273(95)00066-6     Document Type: Article

References (8)

1. Burgin, T.A., 1975. The gamma distribution and inventory control. Oper. Res. Quart., 26: 507-525.
2. Karlin, S. and Scarf, H., Inventory modes of the Arrow-Harris-Marschak type with time lag, in: K.J. Arrow, S. Karlin and H. Scarf (Eds.), Studies in the Mathematical Theory of Inventory and Production. Stanford University Press, Stanford, pp. 155-178.
3. Morton, T.E., 1971. The near-myopic nature of the lagged-proportional-cost inventory problem with lost sales. Oper. Res., 19: 1708-1716.
4. Nahmias, S., 1979. Simple approximations for a variety of dynamic lead time lost-scales inventory models. Oper. Res., 27: 904-924.
5. Regterschot, G.J.K., van Donselaar K. and Rutten, W.G.M.M., A fundamental identity in the lost sales inventory model. Research Report TUE/BDK/LBS/92-05, Graduate School of Industrial Engineering and Management Science, Eindhoven University of Technology.
6. Rutten, W.G.M.M., 1991. Simulations of the periodic review leadtime lost sales inventory problem. Research Report TUE/BDK/KBS/91-18, Graduate School of Industrial Engineering and Management Science, Eindhoven University of Technology.
7. Rutten, W.G.M.M., van Donselaar, K. De Kok A.G., and Regterschot, G.J.K., 1993. A strategy for stabilising the service level in the lost sales inventory model. Research Report, Graduate School of Industrial Engineering and Management Science, Eindhoven University of Technology.
8. Tijms, H.C., 1986. Stochastic Modelling and Analysis: A Computational Approach, Wiley, New York.