On the Ample Service Assumption of Palm's Theorem in Inventory Modeling.

Abstract

A key assumption of much of the continuous review inventory modeling work is that orders placed do not queue up, so that there is complete order crossing and hence order lead times are strictly independent random variables. This paper investigates the effects of this assumption (which is almost never true). (Author)

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Document Details

Document Type
Technical Report
Publication Date
Oct 03, 1980
Accession Number
ADA094313

Entities

People

  • Donald Gross

Organizations

  • George Washington University

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force Facilities
  • California
  • Computer Programming
  • Contracts
  • Engineering
  • Inventory
  • Lead Time
  • Logistics
  • Military Research
  • Numerical Analysis
  • Probability
  • Queueing Theory
  • Replenishment
  • Schools
  • Steady State
  • Supply Chain Management
  • Universities

Fields of Study

  • Mathematics

Readers

  • Mathematical Modeling and Probability Theory.
  • Systems Analysis and Design