Average fill rate and horizon length

被引:15
作者
Banerjee, A [1 ]
Paul, A [1 ]
机构
[1] Univ Florida, Warrington Coll Business, Gainesville, FL 32611 USA
关键词
inventory theory; finite horizon; fill rate;
D O I
10.1016/j.orl.2004.09.008
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Given a sequence of independent and identically distributed demands and an order up to replenishment policy with negligible lead time, we prove that average fill rate is monotonically decreasing in the number of periods in the planning horizon. This was conjectured to be true in a recent issue of this journal. (c) 2004 Elsevier B.V. All rights reserved.
引用
收藏
页码:525 / 530
页数:6
相关论文
共 3 条
[1]   On the single item fill rate for a finite horizon [J].
Chen, JH ;
Lin, DKJ ;
Thomas, DJ .
OPERATIONS RESEARCH LETTERS, 2003, 31 (02) :119-123
[2]  
Marshall A., 1979, Inequalities: Theory of Majorization and Its Applications
[3]  
Shaked M., 1994, Stochastic Orders and Their Applications