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Pure and modified base-stock policies for the lost sales inventory system with negligible set-up costs and constant lead times

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  • Johansen, Soren Glud

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  • Johansen, Soren Glud, 2001. "Pure and modified base-stock policies for the lost sales inventory system with negligible set-up costs and constant lead times," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 391-399, May.
    • Handle: RePEc:eee:proeco:v:71:y:2001:i:1-3:p:391-399
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    1. Hill, Roger M., 1999. "On the suboptimality of (S-1, S) lost sales inventory policies," International Journal of Production Economics, Elsevier, vol. 59(1-3), pages 387-393, March.
    2. Johansen, Soren Glud & Thorstenson, Anders, 1993. "Optimal and approximate (Q, r) inventory policies with lost sales and gamma-distributed lead time," International Journal of Production Economics, Elsevier, vol. 30(1), pages 179-194, July.
    3. Stephen C. Graves, 1996. "A Multiechelon Inventory Model with Fixed Replenishment Intervals," Management Science, INFORMS, vol. 42(1), pages 1-18, January.
    4. אסתר טולידנו, 1994. "מקבלי דמי אבטלה בשנת 1993," Working Papers 439, National Insurance Institute of Israel.
    5. Stephen A. Smith, 1977. "Optimal Inventories for an (S - 1, S) System with No Backorders," Management Science, INFORMS, vol. 23(5), pages 522-528, January.
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    Cited by:

    1. Johansen, Søren Glud, 2021. "The Markov model for base-stock control of an inventory system with Poisson demand, non-crossing lead times and lost sales," International Journal of Production Economics, Elsevier, vol. 231(C).
    2. Li, Xiaoming, 2020. "Valuing lead-time and its variance in batch-ordering inventory policies," International Journal of Production Economics, Elsevier, vol. 228(C).
    3. Cai, Gangshu (George) & Chiang, Wen-Chyuan & Chen, Xiangfeng, 2011. "Game theoretic pricing and ordering decisions with partial lost sales in two-stage supply chains," International Journal of Production Economics, Elsevier, vol. 130(2), pages 175-185, April.
    4. Hill, Roger M. & Johansen, Soren Glud, 2006. "Optimal and near-optimal policies for lost sales inventory models with at most one replenishment order outstanding," European Journal of Operational Research, Elsevier, vol. 169(1), pages 111-132, February.
    5. Johansen, Soren Glud, 2005. "Base-stock policies for the lost sales inventory system with Poisson demand and Erlangian lead times," International Journal of Production Economics, Elsevier, vol. 93(1), pages 429-437, January.
    6. Bijvank, Marco & Vis, Iris F.A., 2012. "Lost-sales inventory systems with a service level criterion," European Journal of Operational Research, Elsevier, vol. 220(3), pages 610-618.
    7. Kouki, Chaaben & Babai, M. Zied & Jemai, Zied & Minner, Stefan, 2019. "Solution procedures for lost sales base-stock inventory systems with compound Poisson demand," International Journal of Production Economics, Elsevier, vol. 209(C), pages 172-182.
    8. Eugenia Babiloni & Ester Guijarro & Juan R. Trapero, 2023. "Stock control analytics: a data-driven approach to compute the fill rate considering undershoots," Operational Research, Springer, vol. 23(1), pages 1-25, March.
    9. Bijvank, Marco & Vis, Iris F.A., 2011. "Lost-sales inventory theory: A review," European Journal of Operational Research, Elsevier, vol. 215(1), pages 1-13, November.
    10. Yang, Liu & Liu, Kanglin & Zhang, Juan & Zelbst, Pamela J., 2024. "Inventory management with actual palletized transportation costs and lost sales," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 184(C).
    11. Schneider, Frank & Klabjan, Diego, 2013. "Inventory control in multi-channel retail," European Journal of Operational Research, Elsevier, vol. 227(1), pages 101-111.
    12. Hill, R.M., 2007. "Continuous-review, lost-sales inventory models with Poisson demand, a fixed lead time and no fixed order cost," European Journal of Operational Research, Elsevier, vol. 176(2), pages 956-963, January.
    13. Erica L. Plambeck & Amy R. Ward, 2007. "Note: A Separation Principle for a Class of Assemble-to-Order Systems with Expediting," Operations Research, INFORMS, vol. 55(3), pages 603-609, June.
    14. Johansen, Søren Glud, 2013. "Modified base-stock policies for continuous-review, lost-sales inventory models with Poisson demand and a fixed lead time," International Journal of Production Economics, Elsevier, vol. 143(2), pages 379-384.
    15. David A. Goldberg & Dmitriy A. Katz-Rogozhnikov & Yingdong Lu & Mayank Sharma & Mark S. Squillante, 2016. "Asymptotic Optimality of Constant-Order Policies for Lost Sales Inventory Models with Large Lead Times," Mathematics of Operations Research, INFORMS, vol. 41(3), pages 898-913, August.
    16. Retsef Levi & Ganesh Janakiraman & Mahesh Nagarajan, 2008. "A 2-Approximation Algorithm for Stochastic Inventory Control Models with Lost Sales," Mathematics of Operations Research, INFORMS, vol. 33(2), pages 351-374, May.
    17. Ganesh Janakiraman & Robin O. Roundy, 2004. "Lost-Sales Problems with Stochastic Lead Times: Convexity Results for Base-Stock Policies," Operations Research, INFORMS, vol. 52(5), pages 795-803, October.
    18. Kim, Eungab & Park, Taeho, 2016. "Admission and inventory control of a single-component make-to-order production system with replenishment setup cost and lead time," European Journal of Operational Research, Elsevier, vol. 255(1), pages 91-102.

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