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Author:Duyn Schoute, F. van der
Eijs, M. van
Heuts, R.
Title:The value of supplier information to improve management of a retailer's inventory
Journal:Decision Sciences
1994 : JAN-FEB, VOL. 25:1, p. 1-14
Index terms:DECISION ANALYSIS
INVENTORY CONTROL
PRODUCTION MANAGEMENT
Language:eng
Abstract:The distribution of lead time demand is essential for determining reorder points in inventory systems. Usually, the distribution of lead time demand is approximated directly. However, in some cases it may be worthwhile to take the demand per unit time and lead time into account, particularly when specific information is available. This paper deals with the situation where a supplier, who produces on order in fixed production cycles, provides information on the status of the coming production run.
SCIMA record nr: 114171
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