Article ID: | iaor200175 |
Country: | Serbia |
Volume: | 10 |
Issue: | 1 |
Start Page Number: | 81 |
End Page Number: | 98 |
Publication Date: | Jan 2000 |
Journal: | Yugoslav Journal of Operations Research |
Authors: | Ouyang Liang-Yuh, Chuang Bor-Ren |
The stochastic inventory models analyzed in this study involve two models that are continuous review and periodic review. Instead of having a stockout cost term in the objective function, a service level constraint is added to each model. For both these models with a mixture of backorders and lost sales, we first assume that the lead time (