Accession Number : AD0705585

Title :   CALCULATION OF EXPECTED TIME WEIGHTED BACKORDERS OVER A GIVEN INTERVAL.

Descriptive Note : Technical rept.,

Corporate Author : ARMY LOGISTICS MANAGEMENT CENTER FORT LEE VA

Personal Author(s) : Ho,Chung-Mei

Report Date : APR 1970

Pagination or Media Count : 11

Abstract : Two formulae are presented for calculating expected time weighted backorders over a fixed time interval. One formula is a more precise form of a result found in the literature, and is found using a direct intuitive approach. The second formula is derived using the steady state distribution of inventory and is directly compatible with the use of steady state (R,Q) models. The two formulae are compared and reconciled. (Author)

Descriptors :   (*INVENTORY CONTROL, PROCUREMENT), (*PROCUREMENT, *LEAD TIME), STATISTICAL DISTRIBUTIONS

Subject Categories : Information Science

Distribution Statement : APPROVED FOR PUBLIC RELEASE