Statistical measurement of the inventory shortage cost

DOI10.1080/02664763.2016.1182129MaRDI QIDQ5138561zbMATH OpenOpenAlexFDO

Authors

Publication date 4 December 2020

Published in Journal of Applied Statistics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/02664763.2016.1182129

zbMATH Keywords

distributioninventory controlprobabilistic measurementshortage coststockout

Mathematics Subject Classification ID

Statistics (62-XX)

Recommendations

• Optimal Inventory Policies with Service-Level Constraints
• On the shortage control in a continuous review \((Q, r)\) inventory policy using \(\alpha_L\) service-level
• Optimality of \((s,S)\) policies for a stochastic inventory model with proportional and lump-sum shortage costs
• Minimizing Customer Line Items Backordered in Inventory Control
• Measuring and mitigating the costs of stockouts

Cites work

• A General Equilibrium Model for Industries with Price and Service Competition
• Decentralized multi-echelon supply chains: incentives and information
• Five Popular Probability Density Functions: A Comparison in the Field of Stock-Control Models
• Optimal inventory policies under service-sensitive demand
• Optimal Inventory Policies with Service-Level Constraints
• Optimal inventory policy when stockouts alter demand

This page was built for publication: Statistical measurement of the inventory shortage cost

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5138561)