Computing a Stationary Base-Stock Policy for a Finite Horizon Stochastic Inventory Problem with Non-linear Shortage Costs

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• aWe note that the results obtained in this paper are applicable for the case where there is a delay of, say, ν periods between ordering goods and receiving them. In this case, z n is not available to satisfy demand until period ν + n. The formulation given here can be modified in a straightforward fashion to handle the positive lead-time case as described in Ref.13, pp. 75–79.
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