Dekker, Rommert; Teunter, Teunter, R.H. - Faculteit der Economische Wetenschappen, Erasmus … - 2001
We analyze the classical inventory model with backordering, where the inventory position is controlled by an order level, order quantity policy. The cost for a backorder contains a fixed and a time-proportional component. Demand can be driven by any discrete process. Order lead times may be...