Please use this identifier to cite or link to this item:
|Title:||The effect of lead time and demand uncertainties in (r, q) inventory systems|
Stochastic lead time
|Citation:||Song, J.-S., Zhang, H., Hou, Y., Wang, M. (2010). The effect of lead time and demand uncertainties in (r, q) inventory systems. Operations Research 58 (1) : 68-80. ScholarBank@NUS Repository. https://doi.org/10.1287/opre.1090.0711|
|Abstract:||We study a single-item (r, q) inventory system, where r is the reorder point and q is the order quantity. The demand is a compound-Poisson process. We investigate the behavior of the optimal policy parameters and the long-run average cost of the system in response to stochastically shorter or less-variable lead times. We show that although some of the properties of the base-stock system can be extended to this more general model, some cannot. The same findings also apply when the comparison is conducted on the lead-time demand distributions. © 2010 INFORMS.|
|Source Title:||Operations Research|
|Appears in Collections:||Staff Publications|
Show full item record
Files in This Item:
There are no files associated with this item.
checked on Jun 16, 2018
WEB OF SCIENCETM
checked on May 30, 2018
checked on May 25, 2018
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.