[HTML][HTML] Inventory–forecasting: Mind the gap

TE Goltsos, AA Syntetos, CH Glock… - European Journal of …, 2022 - Elsevier
We are concerned with the interaction and integration between demand forecasting and
inventory control, in the context of supply chain operations. The majority of the literature is …

Closing the gap: A learning algorithm for lost-sales inventory systems with lead times

H Zhang, X Chao, C Shi - Management Science, 2020 - pubsonline.informs.org
We consider a periodic-review, single-product inventory system with lost sales and positive
lead times under censored demand. In contrast to the classical inventory literature, we …

Performance evaluation of a two-echelon inventory system with network lost sales

C Kouki, J Arts, MZ Babai - European Journal of Operational Research, 2024 - Elsevier
Inventory systems are largely analyzed in the literature under the common assumption of
backorders due to the complexity of lost sales. In this paper, we consider a two-echelon …

Asymptotic optimality of base-stock policies for perishable inventory systems

J Bu, X Gong, X Chao - Management Science, 2023 - pubsonline.informs.org
We consider periodic review perishable inventory systems with a fixed product lifetime.
Unsatisfied demand can be either lost or backlogged. The objective is to minimize the long …

A heuristic approach for multi-echelon inventory optimisation in a closed-loop supply chain

R Fokouop, E Sahin, Z Jemai… - International Journal of …, 2024 - Taylor & Francis
This study deals with a closed-loop supply chain where inventory levels are controlled by an
order-up-to inventory policy. The system under consideration is the cylinder-packaged gas …

Asymptotically optimal lagrangian policies for multi-warehouse, multi-store systems with lost sales

S Miao, S Jasin, X Chao - Operations Research, 2022 - pubsonline.informs.org
We consider a periodic-review inventory control problem for the Multi-Warehouse Multi-
Store system with lost sales. We focus on a time horizon during which the system receives …

Asymptotic Scaling of Optimal Cost and Asymptotic Optimality of Base-Stock Policy in Several Multidimensional Inventory Systems

J Bu, X Gong, X Chao - Operations research, 2024 - pubsonline.informs.org
We consider three classes of inventory systems under long-run average cost:(i) periodic-
review systems with lost sales, positive lead times, and a nonstationary demand process;(ii) …

Asymptotic optimality of base-stock policies for lost-sales inventory systems with stochastic lead times

S Yuan, J Lyu, J **e, Y Zhou - Operations Research Letters, 2024 - Elsevier
We consider the lost-sales inventory systems with stochastic lead times and establish the
asymptotic optimality of base-stock policies for such systems. Specifically, we prove that as …

Lost-sales inventory systems

M Bijvank, WT Huh, G Janakiraman - Research Handbook on …, 2023 - elgaronline.com
The subject of this chapter is lost-sales inventory systems, both single-stage and multi-stage
(serial). The defining feature of these systems is that when available inventory is insufficient …

Solution procedures for lost sales base-stock inventory systems with compound Poisson demand

C Kouki, MZ Babai, Z Jemai, S Minner - International Journal of Production …, 2019 - Elsevier
The continuous review base-stock policy under the lost sales assumption has been
extensively studied in the inventory literature. However, most of the research that deals with …