Stochastic inventory models with bulk demand and state-dependent leadtimes
Keyword(s):
This paper describes two one-for-one ordering (S − 1, S) inventory models in which the time required for order replenishment is state-dependent. The demand is assumed to follow a compound Poisson distribution, and that portion of the leadtime corresponding to the actual filling of orders is assumed to depend on the number of outstanding orders. Since the orders placed are assumed to go into a single-server queue, queuing results are used to obtain the expected inventory cost as a function of S in order to obtain an optimal value of S.
2020 ◽
Vol 9
(3)
◽
pp. 1197-1204
1979 ◽
Vol 26
(2)
◽
pp. 305-309
◽
1996 ◽
Vol 27
(1)
◽
pp. 121-128
◽
Keyword(s):
2005 ◽
Vol 19
(2)
◽
pp. 241-255
◽
Keyword(s):
1993 ◽
Vol 44
(4)
◽
pp. 407-414
◽
1984 ◽
Vol 9
(4)
◽
pp. 624-628
◽
Keyword(s):