Note--Sensitivity to Distributions in Inventory Systems

Eliezer Naddor
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Eliezer Naddor: Johns Hopkins University

Management Science, 1978, vol. 24, issue 16, 1769-1772

Abstract: The optimal decisions and costs of several inventory systems with the s, S policy are presented showing how they are affected by different distributions of demand, different shortage costs and different leadtimes. The numerical results seem to imply that in many cases the optimal decisions depend on the means and standard deviations of demand but not on the specific forms of the distributions.

Keywords: inventory/production:; parametric; analysis (search for similar items in EconPapers)
Date: 1978
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Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:24:y:1978:i:16:p:1769-1772

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