[EN] An exact method for the estimation of the cycle service level has been proposed for periodic review stock policies in a discrete demand context for any known i.i.d. demand distribution. However, the implementation of ...
[EN] This paper is focused on the exact calculation of the cycle service level for a generalized periodic review system accepting any discrete demand with a known probability function and any cycle service target. Previously, ...
[EN] The parameters of stock policies are usually determined to minimize costs while satisfying a target service level. In a periodic review policy the time between reviews can be selected to minimize costs while the ...
[EN] The paper proposes a method to compute the exact cycle service level for (s, Q) continuous review policy in the presence of undershoots and discrete demand in the discrete time domain. Prior to this, it is necessary ...
[EN] Purpose: One challenge in inventory control models is to know the stock available at the beginning of the cycle to satisfy future demands, i.e. to know the on-hand stock levels at order delivery. For inventory managers, ...
[EN] This paper focuses on computing on-hand stock levels at the beginning of a replenishment cycle for a lost sales inventory system with periodic reviews and discrete demand. A base-stock policy is used for replenishments. ...
The primary goal of this paper is the development of a generalized method to compute the fill rate for any discrete demand distribution in a periodic review policy. The fill rate is defined as the fraction of demand that ...
Purpose: One of the most usual indicators to measure the performance of any inventory policy is the mean stock level. In the generalized base stock, periodic review policy, the expected mean stock during the replenishment ...