Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9663811 | European Journal of Operational Research | 2005 | 4 Pages |
Abstract
In this paper a mathematical definition of the input-weighted average lead-time for a general continuous inventory function is introduced. It is theoretically shown that the input-weighted average lead-time is equal to the ratio of average inventory to average input, or equivalently, average inventory to average output.
Keywords
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Herbert Jodlbauer,