Babiloni, Eugenia; Cardós, Manuel; Guijarro, Ester - In: Journal of Industrial Engineering and Management (JIEM) 4 (2011) 2, pp. 194-205
Purpose: One of the most usual indicators to measure the performance of any inventory policy is the mean stock level … can lead to underestimate systematically the expected mean stock level. This fact may increase total costs of the … inventory system. Originality/value: The original derivation of an exact method to compute the expected mean stock level for the …
