Bai, Xingyu; Chen, Xin; Li, Menglong; Stolyar, Alexander - 2023
Inventory models with lost sales and large lead times are notoriously difficult to manage due to the curse of dimensionality. Recently, Goldberg et al. (2016) and Xin and Goldberg (2016) proved that in the lost-sales inventory model with divisible products, as the lead time grows large, a simple...