Article ID: | iaor200954164 |
Country: | United States |
Volume: | 33 |
Issue: | 2 |
Start Page Number: | 351 |
End Page Number: | 374 |
Publication Date: | May 2008 |
Journal: | Mathematics of Operations Research |
Authors: | Janakiraman Ganesh, Nagarajan Mahesh, Levi Retsef |
Keywords: | heuristics |
In this paper, we describe the first computationally efficient policies for stochastic inventory models with lost sales and replenishment lead times that admit worst–case performance guarantees.