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Simple Expressions for Safety Factors in Inventory Control

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  • Strijbosch, L.W.G.

    (Tilburg University, Center For Economic Research)

  • Moors, J.J.A.

    (Tilburg University, Center For Economic Research)

Abstract

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  • Strijbosch, L.W.G. & Moors, J.J.A., 1999. "Simple Expressions for Safety Factors in Inventory Control," Discussion Paper 1999-112, Tilburg University, Center for Economic Research.
    • Handle: RePEc:tiu:tiucen:2f1bb350-ce71-4adf-beca-bf054b665db0
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    References listed on IDEAS

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    1. Strijbosch, L.W.G. & Moors, J.J.A., 1998. "Inventory Control : The Impact of Unknown Demand Distribution," Other publications TiSEM bf5529df-b993-4816-9839-0, Tilburg University, School of Economics and Management.
    2. Arthur F. Veinott, Jr. & Harvey M. Wagner, 1965. "Computing Optimal (s, S) Inventory Policies," Management Science, INFORMS, vol. 11(5), pages 525-552, March.
    3. Helmut Schneider & Jeffrey L. Ringuest, 1990. "Power Approximation for Computing (s, S) Policies Using Service Level," Management Science, INFORMS, vol. 36(7), pages 822-834, July.
    4. Zhaohui Zeng, Amy & Hayya, Jack C., 1999. "The performance of two popular service measures on management effectiveness in inventory control," International Journal of Production Economics, Elsevier, vol. 58(2), pages 147-158, January.
    5. Tijms, H. C. & Groenevelt, H., 1984. "Simple approximations for the reorder point in periodic and continuous review (s, S) inventory systems with service level constraints," European Journal of Operational Research, Elsevier, vol. 17(2), pages 175-190, August.
    6. Richard Ehrhardt, 1979. "The Power Approximation for Computing (s, S) Inventory Policies," Management Science, INFORMS, vol. 25(8), pages 777-786, August.
    7. Richard Ehrhardt & Charles Mosier, 1984. "A Revision of the Power Approximation for Computing (s, S) Policies," Management Science, INFORMS, vol. 30(5), pages 618-622, May.
    8. David E. Platt & Lawrence W. Robinson & Robert B. Freund, 1997. "Tractable (Q, R) Heuristic Models for Constrained Service Levels," Management Science, INFORMS, vol. 43(7), pages 951-965, July.
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    Cited by:

    1. J J A Moors & L W G Strijbosch, 2002. "Exact fill rates for (R, s, S) inventory control with gamma distributed demand," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 53(11), pages 1268-1274, November.
    2. Beutel, Anna-Lena & Minner, Stefan, 2012. "Safety stock planning under causal demand forecasting," International Journal of Production Economics, Elsevier, vol. 140(2), pages 637-645.
    3. Janssen, E., 2010. "Inventory control in case of unknown demand and control parameters," Other publications TiSEM 9ba3c7c9-213b-47aa-9449-e, Tilburg University, School of Economics and Management.
    4. Janssen, E. & Strijbosch, L.W.G. & Brekelmans, R.C.M., 2006. "Assessing the Effects of using Demand Parameters Estimates in Inventory Control," Other publications TiSEM e61834bf-8202-4a25-9311-f, Tilburg University, School of Economics and Management.
    5. Janssen, Elleke & Strijbosch, Leo & Brekelmans, Ruud, 2009. "Assessing the effects of using demand parameters estimates in inventory control and improving the performance using a correction function," International Journal of Production Economics, Elsevier, vol. 118(1), pages 34-42, March.
    6. Bruzda, Joanna, 2020. "Demand forecasting under fill rate constraints—The case of re-order points," International Journal of Forecasting, Elsevier, vol. 36(4), pages 1342-1361.

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