Inventory control with gamma demand and gamma lead times†
✍ Scribed by MURPHY, RICHARD A.
- Book ID
- 121432465
- Publisher
- Taylor and Francis Group
- Year
- 1975
- Tongue
- English
- Weight
- 155 KB
- Volume
- 6
- Category
- Article
- ISSN
- 0020-7721
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
This paper presents a model for inventory control where variation in lead times is allowed. No reorder point is computed. The mean value and the variance for the time between withdrawals, the order size and the lead time are measured by exponential smoothing. These variables are assumed to be Gamma
## Abstract The impact of lead time reduction on an integrated periodic review inventory system comprising a single vendor and multiple buyers with a step crashing cost function and service‐level constraints is studied. The probability distribution of demand during the protection period for each bu