Optimal Control Of A Make-To-Stock System With Adjustable Service Rate
Probability in the Engineering and Informational Sciences
Note on the optimality of (s,S) policies for inventory systems with two demand classes
Operations Research Letters
Policies utilizing tactical inventory for service-differentiated customers
Operations Research Letters
A two-demand-class inventory system with lost-sales and backorders
Operations Research Letters
Queuing system for different classes of customers
International Journal of Business Information Systems
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We consider a periodic review inventory system with demand arriving simultaneously from a deterministic source and a random source. The deterministic demand has to be satisfied immediately and the stochastic demand can be backordered. Assuming that the stochastic demand is never backlogged if there is stock in the system, we prove that a modified ( s, S) policy is optimal under general conditions if there is a setup cost. If there is a smoothing cost instead of the setup cost, we observe that the problem corresponds to a standard model with one source of demand.