Technical Note—On the Solution of an Inventory Model with Variable Lead Times

Georghios P. Sphicas

38 citations0/0 files storedOperations Research

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Supply Chain and Inventory Management Reliability and Maintenance Optimization Management and Optimization Techniques

Abstract

This paper investigates the solution to an inventory model with constant noninterchangeable demand and random lead times with a general distribution. It is shown that two distinct and complementary cases result. In each case bounds are developed for the optimal values of the decision variables. Furthermore, the solution can be reduced to a one-dimensional search for a unique root. The two cases are illustrated with the case of exponential lead times.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 38 citations exist upstream.

Cited by

2019Optimization of multi-period supply planning under stochastic lead times and a dynamic demand 1984An inventory model with finite‐range stochastic lead times 1992Lead-time variability reduction in stochastic inventory models 1996Manufacturing setup cost reduction 2004The (s, Q) inventory model with Erlang lead time and deterministic demand 1995Order crossover in inventory systems 2008Modelos de Gestión de Inventarios en Cadenas de Abastecimiento: Revisión de la Literatura

Imported from OpenAlex (CC0) — nothing here is generated.