An (s, r, S) diffusion inventory model with exponential leadtimes and order cancellations

Keyphrases

• Replenishment 100%
• Inventory Model 100%
• Order Cancellation 100%
• Level Process 50%
• Item-based 50%
• Holding Cost 50%
• Current Contents 50%
• Setup Cost 50%
• Optimization Approach 50%
• Decision Variables 50%
• Diffusion Model 50%
• Cost Functional 50%
• Total Discounted Cost 50%
• Inventory System 50%
• Reflected Brownian Motion 50%
• Lost Demand 50%
• Negative Drift 50%
• Infinite Capacity 50%
• Intrinsic Fluctuations 50%
• Variable Delivery 50%
• Diffusion Type 50%
• Delivery Cost 50%
• Numerical Optimization 50%
• (s,S) Policy 50%

Mathematics

• Functionals 100%
• Inventory Model 100%
• Closed Form 50%
• Decision Variable 50%
• Reflected Brownian Motion 50%
• Infinite Capacity 50%