) Inventory System with Exponentially Distributed Lead Time.
J. WijngaardE. G. F. Van WinkelPublished in: Oper. Res. (1979)
Keyphrases
- lead time
- multi echelon
- supply chain
- service level
- inventory systems
- lot sizing
- stochastic lead times
- inventory control
- optimal base stock levels
- assembly systems
- inventory level
- random variables
- single item
- single product
- total cost
- holding cost
- setup cost
- inventory costs
- lot size
- infinite horizon
- periodic review
- lost sales
- reorder point
- planning horizon
- independent and identically distributed
- replenishment policy
- utility function
- single stage
- base stock policy
- inventory management
- customer demand
- order quantity