Universität zu Köln

Tempelmeier, Horst and Fischer, Lars (2019). A procedure for the approximation of the waiting time distribution in a discrete-time (r, S) inventory system. Int. J. Prod. Res., 57 (5). S. 1413 - 1427. ABINGDON: TAYLOR & FRANCIS LTD. ISSN 1366-588X

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Abstract

We study a single-item periodic review inventory policy. Demands arrive on a discrete (e.g. daily) time axis. This is the time model underlying the Advanced Planning Software systems used for supply chain management in industrial practice. We present a procedure for the calculation of the probability distribution of the customer waiting time. We discuss optimisation problems which can be solved on the basis of the probability distribution of the waiting time.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Tempelmeier, Horst UNSPECIFIED UNSPECIFIED UNSPECIFIED Fischer, Lars UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-154273
DOI:	10.1080/00207543.2018.1489157
Journal or Publication Title:	Int. J. Prod. Res.
Volume:	57
Number:	5
Page Range:	S. 1413 - 1427
Date:	2019
Publisher:	TAYLOR & FRANCIS LTD
Place of Publication:	ABINGDON
ISSN:	1366-588X
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language PROBABILITY Multiple languages Engineering, Industrial; Engineering, Manufacturing; Operations Research & Management Science Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/15427