Article ID: | iaor19971257 |
Country: | Netherlands |
Volume: | 46/47 |
Start Page Number: | 285 |
End Page Number: | 295 |
Publication Date: | Dec 1996 |
Journal: | International Journal of Production Economics |
Authors: | Donselaar K. van, Kok T. de, Rutten W. |
For the lost sales inventory system the authors distinguish two different replenishment strategies. The simplest strategy is the classical ‘fixed reorder level’ replenishment rule: every period the inventory position in the system is raised up to a fixed quantity