Karaarslan, A.G.; Kiesmüller, G.P.; de Kok, A.G. - In: International Journal of Production Economics 143 (2013) 2, pp. 335-341
We consider a single item assembled from two components. One of the components has a long lead time, high holding cost and short review period as compared to the other one. We assume that net stocks are reviewed periodically, customer demand is stochastic and unsatisfied demand is backordered....