论文信息 - Estimating stock levels in periodic review inventory systems

Estimating stock levels in periodic review inventory systems

Calculating the mean physical stock in a simple periodic review inventory system seems to be straightforward. However, the standard approximate expressions appear to yield inaccurate results, especially for low service levels. Low service levels are frequently encountered at intermediate nodes in cost-optimal solutions for multi-echelon systems. In this note, we present an improved approximate method that is both simple and accurate.

Matthieu van der Heijden | Ton G. de Kok

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