Safety stock determination with correlated demands and arbitrary lead times

DOI10.1016/0377-2217(88)90026-4zbMath0638.90028OpenAlexW1965660297MaRDI QIDQ1099769

S. Subba Rao, Min-Chiang Wang, Stergios B. Fotopoulos

Publication date: 1988

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0377-2217(88)90026-4

zbMATH Keywords

momentsautocorrelationsafety stocklead-time demandChebyshev's inequalitiesdaily demandslead-time distribution

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (8)

A mathematical programming-based solution method for the nonstationary inventory problem under correlated demand ⋮ Capacity management under uncertainty with inter-process, intra-process and demand interdependencies in high-flexibility environments ⋮ Estimating recorder points and other management science applications by bootstrap procedure ⋮ Coordinating lead times and safety stocks under autocorrelated demand ⋮ Asymptotic normality for random sums of linear processes ⋮ Demand planning approaches to aggregating and forecasting interrelated demands for safety stock and backup capacity planning ⋮ A conditional effect of autocorrelated demand on safety stock determination ⋮ Unnamed Item

Cites Work

• Estimating the lead-time demand distribution when the daily demand is non-normal and autocorrelated
• The Significance of Correlated Demands and Variable Lead Times for Stock Control Policies
• The Use of Versatile Distribution Families in Some Stochastic Inventory Calculations
• Further approximate pearson percentage points and Cornish-Fisher
• Computation of Reorder Levels When the Demands are Correlated and the Lead Time Random

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