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The paper presents an analytic approximation for computing (s, S) policies for single items under periodic review with fixed ordering costs, linear holding costs and a service level requirement. The replenishment lead time is fixed and unfilled demand is backlogged. The approximation is similar...
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Typically the operating policy for the inventory control system for a commodity is developed independent of the operating policy for the quality control system for that commodity and vice versa. In many circumstances, these systems are dependent on one another. A cost model that combines a fixed...
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Emergency supply chain management is often in the focal point of public scrutiny. Expected cost minimization may result in unacceptable high shortage for scenarios with small probabilities that is hardly tolerated by the public. To decrease the loss for the worst-case scenario, the min–max...
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Methods for detecting influential observations for the Weibull model fit to censored data are discussed. These methods include: one-step deletion diagnostics, influence functions and curvature diagnostics. Results indicate that the curvature diagnostics may be helpful in detecting masking.
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