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. If a customer is lost if stock on hand is zero, when the customer arrives.
What is the maximum possible number of outstanding orders?
2. If a customer is backordered if stock on hand is zero, when the customer arrives.
What is the maximum possible number of outstanding orders?
3. If a customer is lost if stock on hand is zero, when the customer arrives.
Given that P_i=(P(IL=i) is known for all i,
what is the average number of lost customers per unit of time?

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