A Single-Product Inventory Model for Multiple Demand Classes

We consider a single-product inventory system that serves multiple demand classes, which differ in their shortage costs or service level requirements. We assume a critical-level control policy, and show the equivalence between this inventory system and a serial inventory system. Based on this equiva...

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Bibliographic Details
Main Authors: Arslan, Hasan, Graves, Stephen C., Roemer, Thomas
Format: Working Paper
Language:en_US
Published: 2005
Subjects:
Online Access:http://hdl.handle.net/1721.1/17071