Safety inventory under a periodic review system

The objective of this paper is to derive and verify a formula for calculating safety inventory that satisfies a desired cycle service level in a periodic review system. Stochastic variables, including customer demand and supplier’s lead time, are assumed to be normally distributed. Independent deman...

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Bibliographic Details
Main Authors: Ma'aram, A., Tran, Trung Kien Le
Format: Article
Published: Scientific.Net 2012
Subjects:
Online Access:http://eprints.utm.my/id/eprint/47484/
http://dx.doi.org/10.4028/www.scientific.net/AMR.591-593.545
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Institution: Universiti Teknologi Malaysia