On the Stationary Analysis of Continuous Review ( s, S ) Inventory Systems with Constant Lead Times

Izzet Sahin
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Izzet Sahin: University of Wisconsin, Milwaukee, Wisconsin

Operations Research, 1979, vol. 27, issue 4, 717-729

Abstract: We derive time-dependent and stationary distributions of inventory position and on-hand inventory under the ( s , S ) policy for a continuous review inventory system with general inter-arrival and demand distributions and a constant lead time. Some results are also obtained for the characterization of the optimal policies.

Date: 1979
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