Teunter, Ruud; Dekker, Rommert - In: International Journal of Production Economics 114 (2008) 1, pp. 201-204
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...