A Periodic-Review Base-Stock Inventory System with Sales Rejection

Operations Research, pp. 742-753, 2011.

Cited by: 4|Views3


We consider a system in which an order is placed every T periods to bring the inventory position up to the base stock S. We accept demand until the inventory position reaches a sales rejection threshold M. Our objective is to find the optimal values of S and M that minimize the long-run average cost per period. We establish the stationary...More



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