Correction to “(s − 1, s) Inventory Policy Under Compound Poisson Demand”
نویسندگان
چکیده
منابع مشابه
Customer waiting times in an (R, S) inventory system with compound Poisson demand
Besides service level and mean physical stock, customer waiting time is an important performance characteristic for an inventory system. In this paper we discuss the calculation of this waiting time in case a periodic review control policy with order-up-to-level S is used and customers arrive according to a Poisson process. For the case of Gamma distributed demand per customer, we obtain (appro...
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ing the cost (c(y − x) +K) from revenue, we obtain the total profit f(ξ, x) = r(ξ, y)− c(y − x) −K =
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ژورنال
عنوان ژورنال: Management Science
سال: 1966
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.12.11.908