A Note on the Convexity of Service-Level Measures of the (r, q) System

This note gives a simple proof that in a (r, q) system the average outstanding backorders and the average stockouts per unit time are jointly convex in the two control variables q and r.

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Year of publication:	1998
Authors:	Zhang, Hongtao
Published in:	Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 44.1998, 3, p. 431-432
Publisher:	Institute for Operations Research and the Management Sciences - INFORMS
Subject:	Convexity \| Convex \| Inventory \| Backorders \| Stockouts

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Extent:	application/pdf
Type of publication:	Article
Other identifiers:	10.1287/mnsc.44.3.431 [DOI]
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009197306