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)
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 03, 1980
- Accession Number
- ADA094313
Entities
People
- Donald Gross
Organizations
- George Washington University