Accession Number : AD0483002

Title :   DEMAND DURING LEAD TIME IN AN INVENTORY CONTROL SYSTEM.

Descriptive Note : Master's thesis,

Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CA

Personal Author(s) : Williams, Robert L.

Report Date : 1964

Pagination or Media Count : 37

Abstract : Demand during lead time is considered as the sum of a rrandom number of random variables. Discrete random variables are considered as describing demand and lead time and probability generating functions are used to determine the probability generating function of demand during lead time. The probability distribution of demand during lead time is extracted from the probability generating function by using a power series expansion and the calculation of probabilities from the expansion are discussed. The mean and variance of demand during lead time are also obtained from the probability generating function. (Author)

Descriptors :   *INVENTORY CONTROL), (*INVENTORY CONTROL, POWER SERIES, PROBABILITY, REPLACEMENT THEORY, MATHEMATICAL MODELS, INDUSTRIAL PROCUREMENT, SCHEDULING, STATISTICAL DISTRIBUTIONS, LOGISTICS, SPARE PARTS, DECISION THEORY, STATISTICAL TESTS, SERIES(MATHEMATICS).

Distribution Statement : APPROVED FOR PUBLIC RELEASE