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Lost-sales inventory theory: A review

Citations

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Cited by:

  1. Poppe, Joeri & Basten, Rob J.I. & Boute, Robert N. & Lambrecht, Marc R., 2017. "Numerical study of inventory management under various maintenance policies," Reliability Engineering and System Safety, Elsevier, vol. 168(C), pages 262-273.
  2. Jinzhi Bu & Xiting Gong & Dacheng Yao, 2019. "Technical Note—Constant-Order Policies for Lost-Sales Inventory Models with Random Supply Functions: Asymptotics and Heuristic," Operations Research, INFORMS, vol. 68(4), pages 1063-1073, July.
  3. Linwei Xin & David A. Goldberg, 2016. "Optimality Gap of Constant-Order Policies Decays Exponentially in the Lead Time for Lost Sales Models," Operations Research, INFORMS, vol. 64(6), pages 1556-1565, December.
  4. Chun, Young H., 2012. "Monte Carlo analysis of estimation methods for the prediction of customer response patterns in direct marketing," European Journal of Operational Research, Elsevier, vol. 217(3), pages 673-678.
  5. Kouki, Chaaben & Arts, Joachim & Babai, M. Zied, 2024. "Performance evaluation of a two-echelon inventory system with network lost sales," European Journal of Operational Research, Elsevier, vol. 314(2), pages 647-664.
  6. Manuel Cardós & Ester Guijarro & Eugenia Babiloni, 2017. "On the estimation of on-hand stocks for base-stock policies and lost sales systems and its impact on service measures," International Journal of Production Research, Taylor & Francis Journals, vol. 55(16), pages 4680-4694, August.
  7. Kouki, Chaaben & Jemaï, Zied & Minner, Stefan, 2015. "A lost sales (r, Q) inventory control model for perishables with fixed lifetime and lead time," International Journal of Production Economics, Elsevier, vol. 168(C), pages 143-157.
  8. Pauls-Worm, Karin G.J. & Hendrix, Eligius M.T. & Alcoba, Alejandro G. & Haijema, René, 2016. "Order quantities for perishable inventory control with non-stationary demand and a fill rate constraint," International Journal of Production Economics, Elsevier, vol. 181(PA), pages 238-246.
  9. Elisa Alvarez & Matthieu Heijden & W. Zijm, 2015. "Service differentiation in spare parts supply through dedicated stocks," Annals of Operations Research, Springer, vol. 231(1), pages 283-303, August.
  10. Lin, X. & Basten, R.J.I. & Kranenburg, A.A. & van Houtum, G.J., 2017. "Condition based spare parts supply," Reliability Engineering and System Safety, Elsevier, vol. 168(C), pages 240-248.
  11. Özgün Turgut & Florian Taube & Stefan Minner, 2018. "Data-driven retail inventory management with backroom effect," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 40(4), pages 945-968, October.
  12. Taleizadeh, Ata Allah & Tafakkori, Keivan & Thaichon, Park, 2021. "Resilience toward supply disruptions: A stochastic inventory control model with partial backordering under the base stock policy," Journal of Retailing and Consumer Services, Elsevier, vol. 58(C).
  13. Yonit Barron, 2023. "Integrating Replenishment Policy and Maintenance Services in a Stochastic Inventory System with Bilateral Movements," Mathematics, MDPI, vol. 11(4), pages 1-35, February.
  14. Farhat, Mlouka & Akbalik, Ayse & Hadj-Alouane, Atidel B. & Sauer, Nathalie, 2019. "Lot sizing problem with batch ordering under periodic buyback contract and lost sales," International Journal of Production Economics, Elsevier, vol. 208(C), pages 500-511.
  15. David Winkelmann & Charlotte Kohler, 2024. "Subscription-Based Inventory Planning for E-Grocery Retailing," Papers 2404.04097, arXiv.org.
  16. Alvarez, Elisa & van der Heijden, Matthieu, 2014. "On two-echelon inventory systems with Poisson demand and lost sales," European Journal of Operational Research, Elsevier, vol. 235(1), pages 334-338.
  17. Ehrenthal, J.C.F. & Honhon, D. & Van Woensel, T., 2014. "Demand seasonality in retail inventory management," European Journal of Operational Research, Elsevier, vol. 238(2), pages 527-539.
  18. 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.
  19. Dai, Bo & Chen, Haoxun & Li, Yuan & Zhang, Yidong & Wang, Xiaoqing & Deng, Yuming, 2023. "An alternating direction method of multipliers for optimizing (s, S) policies in a distribution system with joint replenishment volume constraints," Omega, Elsevier, vol. 116(C).
  20. Erkip, Nesim Kohen, 2023. "Can accessing much data reshape the theory? Inventory theory under the challenge of data-driven systems," European Journal of Operational Research, Elsevier, vol. 308(3), pages 949-959.
  21. Marco Bijvank & Woonghee Tim Huh & Ganesh Janakiraman & Wanmo Kang, 2014. "Robustness of Order-Up-to Policies in Lost-Sales Inventory Systems," Operations Research, INFORMS, vol. 62(5), pages 1040-1047, October.
  22. Haijema, René & Minner, Stefan, 2016. "Stock-level dependent ordering of perishables: A comparison of hybrid base-stock and constant order policies," International Journal of Production Economics, Elsevier, vol. 181(PA), pages 215-225.
  23. Xiaoming Li, 2015. "Optimal Policies and Bounds for Stochastic Inventory Systems with Lost Sales," Journal of Optimization Theory and Applications, Springer, vol. 164(1), pages 359-375, January.
  24. Adam Diamant & Joseph Milner & Fayez Quereshy & Bo Xu, 2018. "Inventory management of reusable surgical supplies," Health Care Management Science, Springer, vol. 21(3), pages 439-459, September.
  25. 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.
  26. Sonja Otten & Ruslan Krenzler & Lin Xie & Hans Daduna & Karsten Kruse, 2022. "Analysis of semi-open queueing networks using lost customers approximation with an application to robotic mobile fulfilment systems," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 44(2), pages 603-648, June.
  27. 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.
  28. van den Berg, D. & van der Heijden, M.C. & Schuur, P.C., 2016. "Allocating service parts in two-echelon networks at a utility company," International Journal of Production Economics, Elsevier, vol. 181(PA), pages 58-67.
  29. Rostami-Tabar, Bahman & Babai, Mohamed Zied & Ducq, Yves & Syntetos, Aris, 2015. "Non-stationary demand forecasting by cross-sectional aggregation," International Journal of Production Economics, Elsevier, vol. 170(PA), pages 297-309.
  30. Bo Dai & Fenfen Li, 2021. "Joint Inventory Replenishment Planning of an E-Commerce Distribution System with Distribution Centers at Producers’ Locations," Logistics, MDPI, vol. 5(3), pages 1-14, July.
  31. Timonina-Farkas, Anna & Katsifou, Argyro & Seifert, Ralf W., 2020. "Product assortment and space allocation strategies to attract loyal and non-loyal customers," European Journal of Operational Research, Elsevier, vol. 285(3), pages 1058-1076.
  32. He, Zhou & Wang, Shouyang & Cheng, T.C.E., 2013. "Competition and evolution in multi-product supply chains: An agent-based retailer model," International Journal of Production Economics, Elsevier, vol. 146(1), pages 325-336.
  33. George Varlas & Michael Vidalis & Stelios Koukoumialos & Alexandros Diamantidis, 2021. "Optimal inventory control policies of a two-stage push–pull production inventory system with lost sales under stochastic production, transportation, and external demand," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 29(3), pages 799-832, October.
  34. 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.
  35. Demeter, Krisztina & Szász, Levente & Kő, Andrea, 2019. "A text mining based overview of inventory research in the ISIR special issues 1994–2016," International Journal of Production Economics, Elsevier, vol. 209(C), pages 134-146.
  36. 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.
  37. I. Padmavathi & A. Shophia Lawrence & B. Sivakumar, 2016. "A finite-source inventory system with postponed demands and modified M vacation policy," OPSEARCH, Springer;Operational Research Society of India, vol. 53(1), pages 41-62, March.
  38. Ilan Lobel & Wenqiang Xiao, 2017. "Technical Note—Optimal Long-Term Supply Contracts with Asymmetric Demand Information," Operations Research, INFORMS, vol. 65(5), pages 1275-1284, October.
  39. M. Amirthakodi & V. Radhamani & B. Sivakumar, 2015. "A perishable inventory system with service facility and feedback customers," Annals of Operations Research, Springer, vol. 233(1), pages 25-55, October.
  40. Tiwari, Sunil & Kazemi, Nima & Modak, Nikunja Mohan & Cárdenas-Barrón, Leopoldo Eduardo & Sarkar, Sumon, 2020. "The effect of human errors on an integrated stochastic supply chain model with setup cost reduction and backorder price discount," International Journal of Production Economics, Elsevier, vol. 226(C).
  41. Eugenia Babiloni & Ester Guijarro, 2020. "Fill rate: from its definition to its calculation for the continuous (s, Q) inventory system with discrete demands and lost sales," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 28(1), pages 35-43, March.
  42. Mou, Shandong & Robb, David J. & DeHoratius, Nicole, 2018. "Retail store operations: Literature review and research directions," European Journal of Operational Research, Elsevier, vol. 265(2), pages 399-422.
  43. Yonit Barron & Dror Hermel, 2017. "Shortage decision policies for a fluid production model with MAP arrivals," International Journal of Production Research, Taylor & Francis Journals, vol. 55(14), pages 3946-3969, July.
  44. Bozorgi, Ali & Pazour, Jennifer & Nazzal, Dima, 2014. "A new inventory model for cold items that considers costs and emissions," International Journal of Production Economics, Elsevier, vol. 155(C), pages 114-125.
  45. 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).
  46. Huanan Zhang & Xiuli Chao & Cong Shi, 2020. "Closing the Gap: A Learning Algorithm for Lost-Sales Inventory Systems with Lead Times," Management Science, INFORMS, vol. 66(5), pages 1962-1980, May.
  47. Raik Özsen & Ulrich W. Thonemann, 2015. "Determining Optimal Parameters for Expediting Policies," Manufacturing & Service Operations Management, INFORMS, vol. 17(1), pages 120-133, February.
  48. Van der Heide, G. & Van Foreest, N.D. & Roodbergen, K.J., 2018. "Optimizing stock levels for rental systems with a support warehouse and partial backordering," European Journal of Operational Research, Elsevier, vol. 265(1), pages 107-118.
  49. David A. Goldberg & Martin I. Reiman & Qiong Wang, 2021. "A Survey of Recent Progress in the Asymptotic Analysis of Inventory Systems," Production and Operations Management, Production and Operations Management Society, vol. 30(6), pages 1718-1750, June.
  50. Bijvank, Marco & Johansen, Søren Glud, 2012. "Periodic review lost-sales inventory models with compound Poisson demand and constant lead times of any length," European Journal of Operational Research, Elsevier, vol. 220(1), pages 106-114.
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