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- Publisher Website: 10.1080/07408179308964276
- Scopus: eid_2-s2.0-0027562545
- WOS: WOS:A1993KU59800005
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Article: Simple cost minimization procedure for the (QR) inventory model: development and evaluation
Title | Simple cost minimization procedure for the (QR) inventory model: development and evaluation |
---|---|
Authors | |
Issue Date | 1993 |
Publisher | Taylor & Francis Inc. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/0740817x.asp |
Citation | IIE Transactions (Institute Of Industrial Engineers), 1993, v. 25 n. 2, p. 45-53 How to Cite? |
Abstract | This paper presents a very effective procedure for determining the optimal lot size and reorder point for the popular Hadley-Whitin continuous-review (Q,R) model. It is simpler than earlier approaches. Most importantly, the procedure handles non-normal lead-time demands very easily. Extensive test results are presented to confirm the procedure's accuracy for a wide range of parameter-values and lead-time-demand distributions. |
Persistent Identifier | http://hdl.handle.net/10722/177838 |
ISSN | 2018 Impact Factor: 2.884 |
ISI Accession Number ID |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Lau, Amy HighLing | en_US |
dc.contributor.author | Kau, HonShiang | en_US |
dc.date.accessioned | 2012-12-19T09:40:32Z | - |
dc.date.available | 2012-12-19T09:40:32Z | - |
dc.date.issued | 1993 | en_US |
dc.identifier.citation | IIE Transactions (Institute Of Industrial Engineers), 1993, v. 25 n. 2, p. 45-53 | en_US |
dc.identifier.issn | 0740-817X | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/177838 | - |
dc.description.abstract | This paper presents a very effective procedure for determining the optimal lot size and reorder point for the popular Hadley-Whitin continuous-review (Q,R) model. It is simpler than earlier approaches. Most importantly, the procedure handles non-normal lead-time demands very easily. Extensive test results are presented to confirm the procedure's accuracy for a wide range of parameter-values and lead-time-demand distributions. | en_US |
dc.language | eng | en_US |
dc.publisher | Taylor & Francis Inc. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/0740817x.asp | en_US |
dc.relation.ispartof | IIE Transactions (Institute of Industrial Engineers) | en_US |
dc.title | Simple cost minimization procedure for the (QR) inventory model: development and evaluation | en_US |
dc.type | Article | en_US |
dc.identifier.email | Lau, Amy HighLing: ahlau@business.hku.hk | en_US |
dc.identifier.authority | Lau, Amy HighLing=rp01072 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1080/07408179308964276 | - |
dc.identifier.scopus | eid_2-s2.0-0027562545 | en_US |
dc.identifier.volume | 25 | en_US |
dc.identifier.issue | 2 | en_US |
dc.identifier.spage | 45 | en_US |
dc.identifier.epage | 53 | en_US |
dc.identifier.isi | WOS:A1993KU59800005 | - |
dc.publisher.place | United States | en_US |
dc.identifier.scopusauthorid | Lau, Amy HighLing=7202626080 | en_US |
dc.identifier.scopusauthorid | Kau, HonShiang=7003695971 | en_US |
dc.identifier.issnl | 0740-817X | - |