An Empirical Investigation of Lead Time Distributions.
Peter NielsenZbigniew MichnaNgoc Anh Dung DoPublished in: APMS (1) (2014)
Keyphrases
- lead time
- random variables
- independent and identically distributed
- normal distribution
- supply chain
- service level
- demand distributions
- single item
- inventory systems
- total cost
- assembly systems
- probability distribution
- lot sizing
- cost reduction
- poisson process
- planning horizon
- single product
- infinite horizon
- inventory control
- inventory level
- graphical models
- stochastic lead times
- lost sales
- utility function
- single stage
- setup cost
- stochastic demand
- holding cost
- lot size
- decision makers
- expected profit
- upper bound
- bayesian networks