INVENTORY CONTROL WITH VARIATION IN LEAD TIMES, ESPECIALLY WHEN DEMAND IS INTERMITTENT

被引:20
作者
SEGERSTEDT, A
机构
[1] University College of Eskilstuna-Västerås, S-72103 Västerås
关键词
D O I
10.1016/0925-5273(94)90104-X
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This paper presents a model for inventory control where variation in lead times is allowed. No reorder point is computed. The mean value and the variance for the time between withdrawals, the order size and the lead time are measured by exponential smoothing. These variables are assumed to be Gamma distributed. Together with the constants: the inventory on hand plus on-order, passed time since the last withdrawal and time to the next inspection; the probability for a shortage is calculated. If the probability is greater than the service level requires then a replenishment order must be placed.
引用
收藏
页码:365 / 372
页数:8
相关论文
共 25 条
[11]  
Schultz, Forecasting and inventory control for sporadic demand under periodic review, J. Oper. Res. Soc., 38, 5, pp. 453-458, (1987)
[12]  
Schultz, On the optimality of the (S - 1S) policy, Naval Research Logistics, 37, pp. 715-723, (1990)
[13]  
Croston, Stock control for slow-moving items, Oper. Res. Quart., 25, pp. 123-130, (1974)
[14]  
Dunsmuir, Snyder, Control of inventories with intermittent demand, Eur. J. Oper. Res., 40, 1, pp. 16-21, (1989)
[15]  
Brown, Statistical Forecasting for Inventory Control, (1959)
[16]  
Harrison, Exponential smoothing and short-term sales forecasting, Management Science, 13, 11, (1967)
[17]  
Silver, Peterson, Decision Systems for Inventory Management and Production Planning, (1985)
[18]  
Jacobs, Wagner, Reducing inventory system costs by using robust demand estimator, Management Science, 35, 7, pp. 771-787, (1989)
[19]  
Johnston, Harrison, The variance of lead-time demand, J. Oper. Res. Soc., 37, 3, pp. 303-308, (1986)
[20]  
Burgin, The gamma distribution and inventory control, Oper. Res. Quart., 26, pp. 507-525, (1975)