Inventory systems track the flow of raw materials, work in process and finished goods inventory from receipt to sale and shipment. Accountants use different methods of tracking inventory based on the ...

The perpetual inventory system has several advantages over a periodic system for businesses of all sizes. In a business using the periodic inventory method, purchases are recorded throughout the year ...

We consider a periodic-review, single-product inventory system with lost sales and positive lead times under censored demand. In contrast to the classical inventory literature, we assume the firm does ...

This is a preview. Log in through your library . Abstract We consider a system in which an order is placed every T periods to bring the inventory position up to the base stock S. We accept demand ...

Effective models of key operational decisions in multilocation inventory systems are important for a successful retail sector. This paper argues that much of the existing research in this area is not ...