The Effect of Lead Time and Demand Uncertainties in (r, q) Inventory Systems
نویسندگان
چکیده
We study a single-item r q inventory system, where r is the reorder point and q is the order quantity. The demand is a compound-Poisson process. We investigate the behavior of the optimal policy parameters and the long-run average cost of the system in response to stochastically shorter or less-variable lead times. We show that although some of the properties of the base-stock system can be extended to this more general model, some cannot. The same findings also apply when the comparison is conducted on the lead-time demand distributions.
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عنوان ژورنال:
- Operations Research
دوره 58 شماره
صفحات -
تاریخ انتشار 2010