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Approximated closed-form minimum-cost solutions to the \((S-1,S)\) policy with complete backordering - MaRDI portal

Approximated closed-form minimum-cost solutions to the \((S-1,S)\) policy with complete backordering

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Publication:2204185

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DOI10.1504/IJMOR.2016.073276zbMath1452.90009OpenAlexW2295132468MaRDI QIDQ2204185

Marcello Braglia, Davide Castellano, Marco Frosolini

Publication date: 15 October 2020

Published in: International Journal of Mathematics in Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1504/ijmor.2016.073276

zbMATH Keywords

closed-form solutions approximation nonlinear programming inventory management base-stock policy lead times logistic function inventory policy continuous review policy minimum-cost solutions complete backordering Gaussian lead-time demand

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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