TY - JOUR
T1 - Developing a closed-form cost expression for an (R,s,nQ) policy where the demand process is compound generalized Erlang
AU - Larsen, C.
AU - Kiesmüller, G.P.
PY - 2007
Y1 - 2007
N2 - We derive a closed-form cost expression for an (R,s,nQ) inventory control policy where all replenishment orders have a constant lead-time, unfilled demand is back-logged and inter-arrival times of order requests are generalized Erlang distributed. For given values of Q and R we show how to compute the optimal reorder level s.
AB - We derive a closed-form cost expression for an (R,s,nQ) inventory control policy where all replenishment orders have a constant lead-time, unfilled demand is back-logged and inter-arrival times of order requests are generalized Erlang distributed. For given values of Q and R we show how to compute the optimal reorder level s.
U2 - 10.1016/j.orl.2006.11.002
DO - 10.1016/j.orl.2006.11.002
M3 - Article
VL - 35
SP - 567
EP - 572
JO - Operations Research Letters
JF - Operations Research Letters
SN - 0167-6377
IS - 5
ER -