Replenishing an inventory system permitting lost sales under Poisson demand and short lead times: Explicit performance and an efficient algorithm

Keyphrases

• Lost Sales 100%
• Short Lead Time 100%
• Inventory System 100%
• Poisson Demand 100%
• Demand Lead Time 100%
• Sensitivity Analysis 33%
• Goodwill 33%
• Seller 33%
• Periodic Review Inventory 33%
• Service Level 33%
• Holding Cost 33%
• Replenishment 33%
• Closed-form Expression 33%
• Two-dimensional Domain 33%
• Expected Profit 33%
• Unsatisfied Demand 33%
• Q-integers 33%
• Penalty Cost 33%
• Polynomial Complexity 33%
• Random Demand 33%
• Ordering Cost 33%
• On-shelf Availability 33%
• Real-world Applicability 33%
• Inventory Model 33%
• Store Loyalty 33%
• Newsvendor Model 33%
• Poisson Distribution 33%
• Numerical Examples 33%
• Superior Performance 33%
• Reorder Point 33%

Engineering

• Lead Time 100%
• Polynomial Time 33%
• Two Dimensional 33%
• Service Level 33%
• Applicability 33%
• Numerical Example 33%
• Closed Form Expression 33%
• Cycle Length 33%
• Dimensional Domain 33%
• Key Parameter 33%
• Random Demand 33%
• Shelf Availability 33%

Mathematics

• Integer 100%
• Unit Time 33%
• Inventory Model 33%
• Closed Form 33%
• Q-Integers 33%
• Poisson Distribution 33%
• Polynomial Time 33%
• Dimensional Domain 33%
• Cycle Length 33%
• Numerical Example 33%