The Nonlinear Dynamics of Order-Up-To Inventory Systems with Lost Sales
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DOI: 10.1016/j.ifacol.2019.11.547
Abstract: We study the dynamic consequences of lost sales when there is insufficient inventory to satisfy demand. Demand is assumed to be independently and identically distributed and drawn from a normal distribution. We consider the industrially… read more here.
Keywords: order inventory; nonlinear dynamics; dynamics order; lost sales ... See more keywords