Inventory control with the gamma probability distribution

DOI10.1016/0377-2217(84)90133-4MaRDI QIDQ794906zbMATH OpenOpenAlexFDO

Authors Ralph D. Snyder

Publication date 1984

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0377-2217(84)90133-4

zbMATH Keywords

gamma probability distributionlead time demandnormal and negative exponential distributions

Mathematics Subject Classification ID

Statistical distribution theory (62E99) Inventory, storage, reservoirs (90B05) Survival analysis and censored data (62N99)

Recommendations

• The logarithmic poisson gamma distribution: A model for leadtime demand
• The applications of the modified generalized gamma distribution in inventory control
• Exact fill rates for (R, s, S) inventory control with gamma distributed demand
• Inventory management of multiple items with irregular demand: a case study
• On a new distribution arising in decaying inventory systems

Cites work

• scientific article; zbMATH DE number 3155238 (Why is no real title available?)
• scientific article; zbMATH DE number 3262847 (Why is no real title available?)
• A Table for Determining the Probability of a Stock out and Potential Lost Sales for a Gamma Distributed Demand
• Approximate Solution to the (Q, r) Inventory Model for Gamma Lead Time Demand
• Five Popular Probability Density Functions: A Comparison in the Field of Stock-Control Models
• Tables for Stock Control — Problems of Formulation and Computation
• The Calculation of Order Quantities and Protection Levels in a Re-Order Level Stock Control System
• The Gamma Distribution and Inventory Control

Cited in

(11)

• scientific article; zbMATH DE number 7088205 (Why is no real title available?)
• The applications of the modified generalized gamma distribution in inventory control
• Forecasting sales of slow and fast moving inventories
• The logarithmic poisson gamma distribution: A model for leadtime demand
• Control of inventories with intermittent demand
• A periodic review inventory model with emergency orders using Bayesian demand estimation
• An ordering and pricing policy for a periodic review inventory model with declining demand.
• Robust time series analysis
• Exact fill rates for (R, s, S) inventory control with gamma distributed demand
• Undershoot and order quantity probability distributions in periodic review, reorder point, order-up-to-level inventory systems with continuous demand
• Inventory management of multiple items with irregular demand: a case study

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