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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/19842

    Title: Investing in lost sales reduction on periodic review inventory model with a service level constraint.
    Authors: Chuang, B. R.;Ouyang, Liang-yuh;Lin, Y. J.
    Contributors: 淡江大學經營決策學系
    Keywords: Inventory;Periodic review;Lost sales rate;Minimax distribution free procedure
    Date: 2004-11
    Issue Date: 2009-11-30 12:24:06 (UTC+8)
    Publisher: New Taipei City: Aletheia University
    Abstract: This study is to investigate stochastic periodic review inventory model
    with optimal lost sales caused by investment strategy. Instead of having a
    stockout cost term in the objective function, a service level constraint is
    added to the model in which the review period and lost sales rate are treated
    as decision variables. In this paper, we discuss the partial (distribution free)
    information about the demand distribution in the protection interval (i.e.,
    review period plus lead time). In other words, the protection interval
    demand simply assumes that the first and second moments of the probability
    distribution are known. For this case, an algorithm is developed to find the
    optimal investment strategy.
    Relation: Tamsui Oxford Journal of Mathematical Sciences 20(2), pp.187-204
    Appears in Collections:[Department of Management Sciences] Journal Article

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