Lead time demand for simple exponential smoothing: an adjustment factor for the standard deviation.
Ralph D. SnyderAnne B. KoehlerJ. Keith OrdPublished in: J. Oper. Res. Soc. (1999)
Keyphrases
- standard deviation
- lead time
- order quantity
- normal distribution
- exponential smoothing
- supply chain
- inventory systems
- single item
- service level
- inventory control
- random variables
- single product
- setup cost
- demand forecasting
- planning horizon
- stochastic demand
- lot size
- lot sizing
- stochastic lead times
- total cost
- periodic review
- customer demand
- neural network
- single stage
- lost sales
- multi item
- expected profit
- decision making
- feature selection