Determining the reorder point and order-up-to level to satisfy two constraints in a periodic review system under negative binomial demand / E. A. Silver in Journal of the operational research society (JORS), Vol. 63 N° 7 (Juillet 2012)  

Public ISBD [article]  inJournal of the operational research society (JORS) > Vol. 63 N° 7 (Juillet 2012) . - pp. 941–949 Titre : Determining the reorder point and order-up-to level to satisfy two constraints in a periodic review system under negative binomial demand Type de document : texte imprimé Auteurs : E. A. Silver, Auteur ; D. P. Bischak, Auteur ; T. de Kok, Auteur Année de publication : 2012 Article en page(s) : pp. 941–949 Note générale : Operational research Langues : Anglais (eng) Mots-clés : Inventory control Negative binomial Supply chain management Index. décimale : 001.424 Résumé : In this paper we consider an inventory management problem motivated by a specific practical context that concerns the commonly used periodic review, reorder point, order-up-to-level control system. In particular, the reorder point and order-up-to level have to be selected so as to satisfy two management-specified constraints. First, from a marketing (or, more generally, a business) perspective, the actual fill rate achieved must be no lower than a prescribed value. Second, for production or supply purposes, the average time between consecutive replenishments must be as close as possible to a target value. The demand distribution considered is the negative binomial. An efficient procedure is developed with illustrations. DEWEY : 001.424 ISSN : 0160-5682 En ligne : http://www.palgrave-journals.com/jors/journal/v63/n7/abs/jors2011102a.html [article] Determining the reorder point and order-up-to level to satisfy two constraints in a periodic review system under negative binomial demand [texte imprimé] / E. A. Silver, Auteur ; D. P. Bischak, Auteur ; T. de Kok, Auteur . - 2012 . - pp. 941–949. Operational research Langues : Anglais (eng) in Journal of the operational research society (JORS) > Vol. 63 N° 7 (Juillet 2012) . - pp. 941–949 Mots-clés : Inventory control Negative binomial Supply chain management Index. décimale : 001.424 Résumé : In this paper we consider an inventory management problem motivated by a specific practical context that concerns the commonly used periodic review, reorder point, order-up-to-level control system. In particular, the reorder point and order-up-to level have to be selected so as to satisfy two management-specified constraints. First, from a marketing (or, more generally, a business) perspective, the actual fill rate achieved must be no lower than a prescribed value. Second, for production or supply purposes, the average time between consecutive replenishments must be as close as possible to a target value. The demand distribution considered is the negative binomial. An efficient procedure is developed with illustrations. DEWEY : 001.424 ISSN : 0160-5682 En ligne : http://www.palgrave-journals.com/jors/journal/v63/n7/abs/jors2011102a.html

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