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Article: Simple cost minimization procedure for the (QR) inventory model: development and evaluation

TitleSimple cost minimization procedure for the (QR) inventory model: development and evaluation
Authors
Issue Date1993
PublisherTaylor & 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?
AbstractThis 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 Identifierhttp://hdl.handle.net/10722/177838
ISSN
2015 Impact Factor: 1.463
2015 SCImago Journal Rankings: 1.293

 

DC FieldValueLanguage
dc.contributor.authorLau, Amy HighLingen_US
dc.contributor.authorKau, HonShiangen_US
dc.date.accessioned2012-12-19T09:40:32Z-
dc.date.available2012-12-19T09:40:32Z-
dc.date.issued1993en_US
dc.identifier.citationIIE Transactions (Institute Of Industrial Engineers), 1993, v. 25 n. 2, p. 45-53en_US
dc.identifier.issn0740-817Xen_US
dc.identifier.urihttp://hdl.handle.net/10722/177838-
dc.description.abstractThis 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.languageengen_US
dc.publisherTaylor & Francis Inc. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/0740817x.aspen_US
dc.relation.ispartofIIE Transactions (Institute of Industrial Engineers)en_US
dc.titleSimple cost minimization procedure for the (QR) inventory model: development and evaluationen_US
dc.typeArticleen_US
dc.identifier.emailLau, Amy HighLing: ahlau@business.hku.hken_US
dc.identifier.authorityLau, Amy HighLing=rp01072en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1080/07408179308964276-
dc.identifier.scopuseid_2-s2.0-0027562545en_US
dc.identifier.volume25en_US
dc.identifier.issue2en_US
dc.identifier.spage45en_US
dc.identifier.epage53en_US
dc.publisher.placeUnited Statesen_US
dc.identifier.scopusauthoridLau, Amy HighLing=7202626080en_US
dc.identifier.scopusauthoridKau, HonShiang=7003695971en_US

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