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A solution for the intractable inventory model when both demand and lead time are stochastic
Jack C. Hayya,
Terry P. Harrison
, Dean C. Chatfield
Year
2009
Venue
International Journal of Production Economics
Type
article
Citations
35
DOI
10.1016/j.ijpe.2009.06.001
OpenAlex
W3123734219
Topics
Supply Chain and Inventory Management
Reorder point
Lead time
Safety stock
Independent and identically distributed random variables
Holding cost