Order-based backorders in multi-item inventory systems
Operations Research Letters
Multi-item inventory systems, Order-based backorders, Assemble-to-order
A new exact method is provided for evaluating the average order-based backorders of a multi-item inventory system under the (r, nQ) inventory policy for items. The key to the method is as follows: the joint inventory positions for the same epoch and for different epochs share the same conditions of being independent and uniformly distributed.
Copyright © 2009 Elsevier B.V.
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Feng, J., Liu Liming, & Wan, Y. W. (2010). Order-based backorders in multi-item inventory systems. Operations Research Letters, 38(1), 27-32. doi: 10.1016/j.orl.2009.09.001