| Article ID: | iaor1994162 |
| Country: | Germany |
| Volume: | 15 |
| Start Page Number: | 21 |
| End Page Number: | 30 |
| Publication Date: | Jun 1993 |
| Journal: | OR Spektrum |
| Authors: | Jahnke H. |
| Keywords: | inventory |
A queueing model is presented for a base-stock policy in the multi-product/one-machine case with stochastic demand. The resulting cost function is approximated using a Brownian Motion. The numerical optimization of lot-sizes and base-stock levels is discussed.