The Effect of Lead Time Uncertainty on Safety Stocks.
Sunil ChopraGilles ReinhardtMaqbool DadaPublished in: Decis. Sci. (2004)
Keyphrases
- lead time
- supply chain
- service level
- inventory systems
- single item
- inventory control
- assembly systems
- cost reduction
- single product
- lot size
- total cost
- lot sizing
- stochastic lead times
- inventory level
- expected profit
- replenishment policy
- poisson process
- single stage
- setup cost
- planning horizon
- infinite horizon
- stock market
- random variables
- lost sales
- stochastic demand
- joint replenishment