Scandinavian Working Papers in Business Administration
CORAL Working Papers,
University of Aarhus, Aarhus School of Business, Department of Business Studies
No L-2006-09: Developing a closed-form cost expression for an (R,s,nQ) policy where the demand process is compound generalized Erlang.
Christian Larsen () and Gudrun P. Kiesmüller
Additional contact information
Christian Larsen: Department of Management Science and Logistics, Aarhus School of Business, Postal: The Aarhus School Business, Fuglesangs Alle 4, 8210 Aarhus V, Denmark
Gudrun P. Kiesmüller: Faculty of Technology Management, Postal: Technical University Eindhoven, P.O. Box 513, 5600 MB Eindhoven, The Netherlands
Abstract: We derive a closed-form cost expression for an (R,s,nQ) inventory control policy where all replenishment orders have a constant lead-time, unfilled demand is backlogged and inter-arrival times of order requests are generalized Erlang distributed
Keywords: Inventory control; Compound renewal process; Generalized Erlang distribution
22 pages, June 20, 2006
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L_2006_09.pdf
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