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An (s, r, S) diffusion inventory model with exponential leadtimes and order cancellations
O. Berman,
D. Perry
, W. Stadje
Department of Statistics
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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%