Zhihai Zhang
Department of Industrial Engineering, Tsinghua University, Beijing, China
[ 1 ] - Optimal Relief Order Quantity under Stochastic Demand and Lead-time
In this paper, a newsboy model is developed under uniformly distributed lead-time and demand that is an appropriate assumption in obtaining optimal relief inventory of humanitarian disasters. It is noteworthy that limited historical data are in hand on relief operations. Hence, analytical and approximate solutions for optimal relief order quantity were derived. The effect of lead-time uncertai...
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