A Note on the Convexity of Service-Level Measures of the (r, q) System
Management Science · 1998 · Volume 44 · Issue 3
Abstract
This note gives a simple proof that in a ( r , q ) system the average outstanding backorders and the average stockouts per unit time are jointly convex in the two control variables q and r .
Keywords
Convexity, Convex, Inventory, Backorders, Stockouts
Enable JavaScript for citation tools and additional paper interactions.