Tan, Baris; Karabati, Selcuk - In: International Journal of Production Economics 145 (2013) 1, pp. 78-87
We consider an inventory management problem of a product category in a retail setting with Poisson arrival processes, stock-out based dynamic demand substitution, and lost sales. The retailer uses a fixed-review period, order-up-to level system to control the inventory levels. We present a...