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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| Main Authors: | , |
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| Format: | Article |
| Published: |
Scientific.Net
2012
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| 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 |