Accession Number : AD0686727

Title :   WAITING TIME TILL SERVICE FOR A SIMPLE INVENTORY MODEL,

Corporate Author : RAND CORP SANTA MONICA CA

Personal Author(s) : Simon, Richard Macey

Report Date : MAR 1969

Pagination or Media Count : 20

Abstract : The report uses a single-facility, single-consumable item inventory model to derive an exact expression for the steady-state expected time that a customer waits until a facility satisfies his demand for a unit of stock. The work is in regard to inventory theory, especially that concerned with multi-echelon techniques. (Author)

Descriptors :   (*INVENTORY CONTROL, LEAD TIME), LOGISTICS, MATHEMATICAL MODELS, PROBABILITY, INVENTORY CONTROL.

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE