Accession Number : AD0738552

Title :   Distribution of Customer Wait at a Supply Point Whose Inventory Policy is R, Q.

Descriptive Note : Technical rept.,

Corporate Author : ARMY LOGISTICS MANAGEMENT CENTER FORT LEE VA

Personal Author(s) : Kruse, W. Karl

Report Date : FEB 1972

Pagination or Media Count : 18

Abstract : The probability distribution of customer delay at a supply point which uses a continuous review R,Q inventory policy is derived. As approximations, the probability expressions are general, but only for compound Poisson distributions are they exact. Measures of the mean and variance of waiting time are developed as examples.

Descriptors :   *INVENTORY CONTROL, *LOGISTICS, MATHEMATICAL PREDICTION, STATISTICAL PROCESSES, PROBABILITY, LEAD TIME, ANALYSIS OF VARIANCE, MANAGEMENT ENGINEERING.

Subject Categories : Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE