Title of article
On a stochastic demand jump inventory model
Author/Authors
Benkherouf، نويسنده , , Lakdere and Johnson، نويسنده , , Michael، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2009
Pages
11
From page
1218
To page
1228
Abstract
This paper considers a Quasi-Variational Inequality (QVI) arising from a stochastic demand jump inventory model in a continuous review setting with a fixed ordering cost and where demand is made up of a deterministic part (which is a function of the stock level) punctuated by random jumps. Under some restrictions on the parameters, a solution to the QVI is found which corresponds to an ( s , S ) policy.
Keywords
impulse control , Quasi-variational inequality , inventory control , Piecewise deterministic process
Journal title
Mathematical and Computer Modelling
Serial Year
2009
Journal title
Mathematical and Computer Modelling
Record number
1596619
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