A simple procedure for determining order quantities under a fill rate constraint and normally distributed lead-time demand

DOI10.1016/J.EJOR.2005.01.037MaRDI QIDQ858388zbMATH OpenOpenAlexFDO

Authors Sven Axsäter

Publication date 9 January 2007

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

Full work available at URL https://doi.org/10.1016/j.ejor.2005.01.037

zbMATH Keywords

stochasticinventory controllot sizingapproximate

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 3216838 (Why is no real title available?)
• An Efficient Algorithm for Computing an Optimal (r, Q) Policy in Continuous Review Stochastic Inventory Systems
• Inventory Cost Rate Functions with Nonlinear Shortage Costs
• New bounds and heuristics for \((Q,r)\) policies
• On Properties of Stochastic Inventory Systems
• Using the Deterministic EOQ Formula in Stochastic Inventory Control

Cited in

(8)

• On the effect of two popular service-level measures on the design of a critical level policy for fast-moving items
• Joint determination of order quantity and reorder point of continuous review model under quantity and freight rate discounts
• Fill‐rate service level constrained distribution network design
• Double precision rational approximation algorithms for the standard normal first and second order loss functions
• Double precision rational approximation algorithm for the inverse standard normal first order loss function
• Extensions to the guaranteed service model for industrial applications of multi-echelon inventory optimization
• Fill rate: from its definition to its calculation for the continuous \((s, Q)\) inventory system with discrete demands and lost sales
• The effect of delivery deviations on the choice of a supplier and the supply-chain equilibrium

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