Approximate Solution to the (Q, r) Inventory Model for Gamma Lead Time Demand

Chandrasekhar Das
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Chandrasekhar Das: University of Saskatchewan

Management Science, 1976, vol. 22, issue 9, 1043-1047

Abstract: An approximate analytical method for solving the (Q, r) model when lead time demand is Gamma distributed is discussed. The method is quite accurate and requires less input than the familiar iterative method.

Date: 1976
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