Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1143095 | Operations Research Letters | 2007 | 7 Pages |
Abstract
This paper develops an exact formula for the fill rate of a single-stage inventory system that uses a general periodic-review base-stock policy. For normal demand, we present a fill-rate expression that uses the standard normal PDF and CDF, and develop two approximations for the fill rate.
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Jiang Zhang, Jun Zhang,