TECHNICAL NOTE—Exact Analysis of a Lost Sales Model Under Stuttering Poisson Demand

We investigate the (S − 1, S) inventory policy under stuttering Poisson demand and generally distributed lead time when the excess demand is lost. We correct results presented in Feeney and Sherbrooke's seminal paper [Feeney, G. J., C. C. Sherbrooke. 1966. The (S − 1, S) inventory policy under compound Poisson demand. Management Sci.12(5) 391–411] and note that the stationary distribution of units on order for the general compound Poisson demand case is still an open question.