An optimal stopping approach for the end-of-life inventory problem

We consider the end-of-life inventory problem for the supplier of a product in its final phase of the service life cycle. This phase starts when the production of the items stops and continues until the warranty of the last sold item expires. At the beginning of this phase the supplier places a final order for spare parts to serve customers coming with defective items. At any time during the final phase the supplier may also decide to switch to...