[HTML][HTML] Inventory–forecasting: Mind the gap
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 …
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
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 …
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
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 …
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
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 …
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
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 …
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
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 …
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
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) …
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
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 …
asymptotic optimality of base-stock policies for such systems. Specifically, we prove that as …
Lost-sales inventory systems
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 …
(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
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 …
extensively studied in the inventory literature. However, most of the research that deals with …