Estimation of average backorders for an assemble‐to‐order system with random batch demands through extreme statistics
Yingdong Lu
Naval Research Logistics (NRL), 2007, vol. 54, issue 1, 33-45
Abstract:
We investigate inventory management for a large‐scale multi‐product, multi‐component Assemble‐to‐Order system with general random batch demands. Results from extreme statistics theory are applied in developing approximation schemes for a widely used performance measure, customer backorders. © 2006 Wiley Periodicals, Inc. Naval Research Logistics, 2007
Date: 2007
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https://doi.org/10.1002/nav.20174
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:54:y:2007:i:1:p:33-45
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