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The shop counter maximum issue problem

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  • Matz, Aw

Abstract

The paper describes a statistical algorithm for determining the maximum issue figure for across-the-counter demands at the lowest echelon of a supply system. A novel feature is the curve-fitting of practical data to truncated Hyper-Poisson distributions. The application of the procedure in the control of over-the-counter issues to the customer is discussed.

Suggested Citation

  • Matz, Aw, 1983. "The shop counter maximum issue problem," Omega, Elsevier, vol. 11(1), pages 75-79.
    • Handle: RePEc:eee:jomega:v:11:y:1983:i:1:p:75-79
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    Cited by:

    1. Mak, K. L. & Lai, K. K. & Ng, W. C. & Yiu, K. F. C., 2005. "Analysis of optimal opportunistic replenishment policies for inventory systems by using a (s,S) model with a maximum issue quantity restriction," European Journal of Operational Research, Elsevier, vol. 166(2), pages 385-405, October.
    2. Hollier, R. H. & Mak, K. L. & Lam, C. L., 1996. "An inventory model for items with demands satisfied from stock or by special deliveries," International Journal of Production Economics, Elsevier, vol. 42(3), pages 229-236, April.
    3. Dekker, R. & Frenk, J.B.G. & Kleijn, M.J. & de Kok, A.G., 1997. "On the newsboy model with a cutoff transaction size," Econometric Institute Research Papers EI 9736/A, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.

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