The Cost Effects of Statistical Sampling in Selecting the Reorder Point in a Common Inventory Model

DOI10.2307/2582042zbMath0601.90038OpenAlexW4241318827MaRDI QIDQ3737153

Edward A. Silver, Mina Rasty Rahnama

Publication date: 1986

Published in: The Journal of the Operational Research Society (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2582042

zbMATH Keywords

inventory controlstatistical estimationreorder pointmean and the standard deviation of the demand

Mathematics Subject Classification ID

Sampling theory, sample surveys (62D05) Inventory, storage, reservoirs (90B05) Applications of statistics (62P99)

Related Items (4)

Inventory Management: An Overview, Canadian Publications, Practical Applications and Suggestions for Future Research ⋮ The single-period (newsvendor) problem under interval grade uncertainties ⋮ On the calculation of safety stocks when demand is forecasted ⋮ The impact of unknown demand parameters on (\(R\),\(S\))-inventory control performance

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