Optimal and near-optimal policies for lost sales inventory models with at most one replenishment order outstanding

European Journal of Operational Research

Volumn 169, Issue 1, 2006, Pages 111-132

  Hill, Roger M ^a   Johansen, Søren Glud ^b  

^a UNIVERSITY OF EXETER   (United Kingdom)

^b AARHUS UNIVERSITY   (Denmark)

Author keywords

Inventory; Lost sales; Policy iteration; Semi Markov decision processes

Indexed keywords

COMPUTATIONAL METHODS; CONSTRAINT THEORY; INDUSTRIAL MANAGEMENT; ITERATIVE METHODS; MATHEMATICAL MODELS; OPTIMAL CONTROL SYSTEMS; POISSON DISTRIBUTION; SALES;

INVENTORY; LOST SALES; POLICY ITERATION; SEMI-MARKOV DECISION PROCESSES;

INVENTORY CONTROL;

EID: 25144521929     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2004.05.022     Document Type: Article

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