Babai, M.Z.; Jemai, Z.; Dallery, Y. - In: European Journal of Operational Research 210 (2011) 3, pp. 552-558
We analyse a single echelon single item inventory system where the demand and the lead time are stochastic. Demand is modelled as a compound Poisson process and the stock is controlled according to a continuous time order-up-to (OUT) level policy. We propose a method for determining the optimal...