Abstract : In this paper we extend earlier work that analyzes a single echelon single item base-stock inventory system where Demand is modeled as a compound Poisson process and the lead-time is stochastic. The extension consists in considering a cost oriented system where unfilled demands are lost. The case of partial lost sales is assumed. We first model the inventory system as a Makovian M/G/( queue then we propose a method to calculate numerically the optimal base-stock level. A preliminary numerical investigation is also conducted to show the performance of our solution.
https://hal.inria.fr/hal-01470686 Contributor : Hal IfipConnect in order to contact the contributor Submitted on : Friday, February 17, 2017 - 3:55:25 PM Last modification on : Sunday, June 26, 2022 - 2:26:35 AM Long-term archiving on: : Thursday, May 18, 2017 - 2:55:16 PM
M. Zied Babai, Ziad Jemai, yves Dallery. Base Stock Inventory Systems with Compound Poisson Demand: Case of Partial Lost Sales. 19th Advances in Production Management Systems (APMS), Sep 2012, Rhodes, Greece. pp.693-698, ⟨10.1007/978-3-642-40361-3_88⟩. ⟨hal-01470686⟩