Technical Note--Waiting Time in a Continuous Review (s, S) Inventory System with Constant Lead Times

Technical Note--Waiting Time in a Continuous Review (s, S) Inventory System with Constant Lead Times

The waiting time distribution in an ( s , S ) continuous review inventory system with constant lead times is derived in this paper. The demand times are assumed to constitute a renewal process, and demand sizes are independent identically distributed (i.i.d.) integer valued random variables. Some re...

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Veröffentlicht in:Operations research 1981-02, Vol.29 (1), p.202-207
1. Verfasser: Kruse, W. Karl
Format: Artikel
Sprache:eng
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Zusammenfassung:The waiting time distribution in an ( s , S ) continuous review inventory system with constant lead times is derived in this paper. The demand times are assumed to constitute a renewal process, and demand sizes are independent identically distributed (i.i.d.) integer valued random variables. Some relationships are given between waiting time and some common inventory measures.
ISSN:0030-364X
1526-5463
DOI:10.1287/opre.29.1.202