Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/86002 
Year of Publication: 
2001
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 01-101/4
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
This paper extends a fundamental result about single-item inventory systems. This approachallows more general performance measures, demand processes and order policies, and leads toeasier analysis and implementation, than prior research. We obtain closed form expressions forthe Laplace transforms of the expressions of the performance measures, and with the help of anefficient inversion algorithm, the approximations of these cost and service measures are almost upto machine precision.
Document Type: 
Working Paper

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