Developing a closed-form cost expression for an (R,s,nQ) policy where the demand process is compound generalized Erlang.

We derive a closed-form cost expression for an (R,s,nQ) inventory control policy where all replenishment orders have a constant lead-time, unfilled demand is backlogged and inter-arrival times of order requests are generalized Erlang distributed

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Year of publication:	2006-06-20
Authors:	Larsen, Christian ; Kiesmüller, Gudrun P.
Institutions:	Ehrvervøkonomisk Institut, Institut for Økonomi
Subject:	Inventory control \| Compound renewal process \| Generalized Erlang distribution

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Extent:	application/pdf
Series:	CORAL Working Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Working Papers Number L-2006-09 22 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005802223