CALCULATION OF EXPECTED TIME WEIGHTED BACKORDERS OVER A GIVEN INTERVAL.

Abstract

Two formulae are presented for calculating expected time weighted backorders over a fixed time interval. One formula is a more precise form of a result found in the literature, and is found using a direct intuitive approach. The second formula is derived using the steady state distribution of inventory and is directly compatible with the use of steady state (R,Q) models. The two formulae are compared and reconciled. (Author)

Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1970
Accession Number
AD0705585

Entities

People

  • Chung-mei Ho

Tags

DTIC Thesaurus Topics

  • Intervals
  • Inventory
  • Steady State
  • Time Intervals

Readers

  • Computational Modeling and Simulation
  • Logistics and Supply Chain Management.
  • Theoretical Analysis.