2 papers
math.OC2018
Asymptotically Optimal Inventory Control for Assemble-to-Order Systems
Martin I. Reiman, Haohua Wan, Qiong Wang
We consider Assemble-to-Order (ATO) inventory systems with a general Bill of Materials and general deterministic lead times. Unsatisfied demands are always backlogged. We apply a f…
math.PR2018
Exploiting random lead times for significant inventory cost savings
Alexander Stolyar, Qiong Wang
We study the classical single-item inventory system in which unsatisfied demands are backlogged. Replenishment lead times are random, independent identically distributed, causing o…