Question: If one have a continuous review ( S 1 , S ) inventory system with constant lead time and Poisson demand with arrival rate

If one have a continuous review (S1,S) inventory system
with constant lead time
and Poisson demand with arrival rate \lambda .
1) Assume that a customer is lost if stock on hand is zero when the customer arrives at the inventory. Then, what is the maximum number of outstanding orders?
2) Assume that a customer is backordered if stock on hand is zero when the customer arrives. Then, what is the maximum number of outstanding orders?
3) Assume again that a customer is lost if stock on hand is zero when the customer arrives at the inventory. Given that Pi = P(IL = i) is known for all i, what is the average number of lost customers per unit of time?

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