2 papers
math.PR2013
Bounds on performance measures for the (r, q) lost sales system with Poisson demand and constant lead time
Bryan Johnston
We demonstrate that the fraction of sales lost for the (r, q) system under consideration can be conveniently bounded in a manner suitable for quick, back-of-the-envelope estimates.…
math.OC2012
The equilibrium equations for the lost sales (r,q) policy with inventory level dependent demand and multiple outstanding orders
Bryan Johnston
We develop the equilibrium equations for the a model generalizing the continuous review (r, q) lost-sales model with constant lead time, multiple outstanding orders and unit Poisso…