Inventory Systems with Advance Demand Information and Random Replenishment Times
نویسنده
چکیده
Advance demand information, when used effectively, improves the performance of production/inventory systems. The extent of improvement however depends on certain factors. We investigate the influence of random supply lead times on a single-stage inventory system with advance demand information. It is found that the supply lead time variability diminishes the benefits of advance demand information.
منابع مشابه
Value of Advance Demand Information in Production and Inventory Systems with Shared Resources
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