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Title
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Determing the fill rate for a periodic review inventory policy with capacitated replenishments, lost sales and zero lead time
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Author
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Abstract
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| In this paper we consider a periodic review order-up-to inventory system with capacitated replenishments, lost sales and zero lead time. We consider discrete demand. It is shown that the initial stock levels of the different review periods form a Markov chain and we determine the transition matrix. Furthermore we study for what probability mass functions of the review period demand the Markov chain has a unique stationary distribution. Finally, we present a method to determine the fill rate. |
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Language
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English
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Source (journal)
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Operations research letters. - Amsterdam
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Publication
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Amsterdam
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2013
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ISSN
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0167-6377
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DOI
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10.1016/J.ORL.2013.10.006
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Volume/pages
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41
:6
(2013)
, p. 726-729
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ISI
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000329010000034
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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