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WSC
2007
13 years 6 months ago
Determining safety stocks in the presence of workload-dependent lead times
Most classical stochastic inventory models assume that replenishment lead times are independent of the amount of orders placed. This assumption is clearly problematic in capacitat...
Seza Orcun, Sila Çetinkaya, Reha Uzsoy
HICSS
2003
IEEE
137views Biometrics» more  HICSS 2003»
13 years 9 months ago
Adjusting Safety Stock Requirements with an AHP-Based Risk Analysis
In most cases safety stock is determined based on the variability of the demand and lead time. The focus has been on the statistics and past performance, and the existing framewor...
Jukka Korpela, Antti Lehmusvaara, Kalevi Kylä...