Forecasting of lead-time demand variance: Implications for safety stock calculations.
M. Zied BabaiYong DaiQinyun LiAris A. SyntetosXun WangPublished in: Eur. J. Oper. Res. (2022)
Keyphrases
- lead time
- safety stock
- supply chain
- holding cost
- service level
- customer demand
- total cost
- inventory systems
- inventory control
- single item
- supply chain management
- inventory management
- bullwhip effect
- lot sizing
- planning horizon
- infinite horizon
- setup cost
- lot size
- inventory level
- single product
- lost sales
- stochastic demand
- inventory models
- periodic review
- call center
- inventory policy
- standard deviation
- replenishment policy
- distribution network
- bayesian networks
- high volume
- random variables