Continuous-review inventory system with lost sales and variable lead time

被引:0
|
作者
Mohebbi, E [1 ]
Posner, MJM [1 ]
机构
[1] Univ Toronto, Dept Mech & Ind Engn, Toronto, ON M5S 3G8, Canada
关键词
D O I
10.1002/(SICI)1520-6750(199804)45:3<259::AID-NAV2>3.0.CO;2-6
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Using a system-point (SP) method of level crossings, we derive the stationary distribution of the inventory level (stock on hand) in a continuous-review inventory system with compound Poisson demand, Erlang as well as hyperexponentially distributed lead times, and lost sales. This distribution is then used to formulate long-run average cost functions with/without a service level constraint. Some numerical results are also presented, and compared with the Hadley and Whitin heuristic. (C) 1998 John Wiley & Sons, Inc.
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页码:259 / 278
页数:20
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