{"id":"https://openalex.org/W1996495246","doi":"https://doi.org/10.1016/s0925-5273(98)00237-0","title":"On the suboptimality of (S\u22121, S) lost sales inventory policies","display_name":"On the suboptimality of (S\u22121, S) lost sales inventory policies","publication_year":1999,"publication_date":"1999-03-01","ids":{"openalex":"https://openalex.org/W1996495246","doi":"https://doi.org/10.1016/s0925-5273(98)00237-0","mag":"1996495246"},"language":"en","primary_location":{"id":"doi:10.1016/s0925-5273(98)00237-0","doi":"https://doi.org/10.1016/s0925-5273(98)00237-0","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0925-5273(98)00237-0","pdf_url":null,"source":{"id":"https://openalex.org/S184816971","display_name":"International Journal of Production Economics","issn_l":"0925-5273","issn":["0925-5273","1873-7579"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5108396474","display_name":"Roger M. Hill","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I23923803","display_name":"University of Exeter","ror":"https://ror.org/03yghzc09","country_code":"GB","type":"education","lineage":["https://openalex.org/I23923803"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Roger M. Hill","raw_affiliation_strings":["School of Mathematical Sciences, University of Exeter, Laver Building, North Park Road, Exeter EX4 4QE, UK","School of Mathematical Sciences, University of Exeter, Laver Building, North Park Road, Exeter EX4 4QE, UK#TAB#"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Mathematical Sciences, University of Exeter, Laver Building, North Park Road, Exeter EX4 4QE, UK","institution_ids":["https://openalex.org/I23923803"]},{"raw_affiliation_string":"School of Mathematical Sciences, University of Exeter, Laver Building, North Park Road, Exeter EX4 4QE, UK#TAB#","institution_ids":["https://openalex.org/I23923803"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5108396474"],"corresponding_institution_ids":["https://openalex.org/I23923803"],"apc_list":{"value":4420,"currency":"USD","value_usd":4420},"apc_paid":null,"fwci":2.4066,"has_fulltext":false,"cited_by_count":36,"citation_normalized_percentile":{"value":0.88482226,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"59","issue":"1-3","first_page":"387","last_page":"393"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13706","display_name":"Management and Optimization Techniques","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10780","display_name":"Reliability and Maintenance Optimization","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2213","display_name":"Safety, Risk, Reliability and Quality"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/continuous-review-inventory-model","display_name":"continuous review inventory model","score":0.7570000290870667},{"id":"https://openalex.org/keywords/poisson-demand","display_name":"Poisson demand","score":0.9660000205039978},{"id":"https://openalex.org/keywords/replenishment-policy","display_name":"replenishment policy","score":0.7039999961853027},{"id":"https://openalex.org/keywords/suboptimal-policies","display_name":"suboptimal policies","score":0.6660000085830688},{"id":"https://openalex.org/keywords/time-dependent-holding-cost","display_name":"time-dependent holding cost","score":0.7749999761581421},{"id":"https://openalex.org/keywords/stockout-cost","display_name":"stockout cost","score":0.546999990940094},{"id":"https://openalex.org/keywords/optimal-inventory-policy","display_name":"optimal inventory policy","score":0.5910000205039978}],"concepts":[{"id":"https://openalex.org/C50601946","wikidata":"https://www.wikidata.org/wiki/Q962928","display_name":"Stockout","level":2,"score":0.8227483630180359},{"id":"https://openalex.org/C2781161759","wikidata":"https://www.wikidata.org/wiki/Q24451192","display_name":"Lost sales","level":2,"score":0.7333143949508667},{"id":"https://openalex.org/C192365026","wikidata":"https://www.wikidata.org/wiki/Q5046829","display_name":"Holding cost","level":2,"score":0.5715718269348145},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5357825756072998},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.5331178307533264},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5055921077728271},{"id":"https://openalex.org/C100906024","wikidata":"https://www.wikidata.org/wiki/Q205692","display_name":"Poisson distribution","level":2,"score":0.4986419677734375},{"id":"https://openalex.org/C1199943","wikidata":"https://www.wikidata.org/wiki/Q451299","display_name":"Economic order quantity","level":3,"score":0.48920655250549316},{"id":"https://openalex.org/C2781468064","wikidata":"https://www.wikidata.org/wiki/Q1267117","display_name":"Lead time","level":2,"score":0.4721106290817261},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4368845820426941},{"id":"https://openalex.org/C182299520","wikidata":"https://www.wikidata.org/wiki/Q1289588","display_name":"Total cost","level":2,"score":0.4179800748825073},{"id":"https://openalex.org/C2987549487","wikidata":"https://www.wikidata.org/wiki/Q6059951","display_name":"Inventory cost","level":3,"score":0.41796988248825073},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.32507243752479553},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.3171727955341339},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.3078758120536804},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.12650033831596375},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.11114147305488586},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.09726673364639282},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.09222850203514099},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.07036951184272766},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/s0925-5273(98)00237-0","doi":"https://doi.org/10.1016/s0925-5273(98)00237-0","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0925-5273(98)00237-0","pdf_url":null,"source":{"id":"https://openalex.org/S184816971","display_name":"International Journal of Production Economics","issn_l":"0925-5273","issn":["0925-5273","1873-7579"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:proeco:v:59:y:1999:i:1-3:p:387-393","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0925-5273(98)00237-0","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W1970741704","https://openalex.org/W2007415667","https://openalex.org/W2045307272","https://openalex.org/W2052728766","https://openalex.org/W2066548678","https://openalex.org/W2071673544","https://openalex.org/W2080928758","https://openalex.org/W4246946010"],"related_works":["https://openalex.org/W2068764153","https://openalex.org/W2088044599","https://openalex.org/W2065488949","https://openalex.org/W7099229943","https://openalex.org/W7212874488","https://openalex.org/W2051607417","https://openalex.org/W1995609092","https://openalex.org/W2139736884","https://openalex.org/W7095825783","https://openalex.org/W2102918325"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}