European Business Schools Librarian's Group

CORAL Working Papers,
University of Aarhus, Aarhus School of Business, Department of Business Studies

No L-2006-09: Developing a closed-form cost expression for an (R,s,nQ) policy where the demand process is compound generalized Erlang.

Christian Larsen () and Gudrun P. Kiesmüller
Additional contact information
Christian Larsen: Department of Management Science and Logistics, Aarhus School of Business, Postal: The Aarhus School Business, Fuglesangs Alle 4, 8210 Aarhus V, Denmark
Gudrun P. Kiesmüller: Faculty of Technology Management, Postal: Technical University Eindhoven, P.O. Box 513, 5600 MB Eindhoven, The Netherlands

Abstract: We derive a closed-form cost expression for an (R,s,nQ) inventory control policy where all replenishment orders have a constant lead-time, unfilled demand is backlogged and inter-arrival times of order requests are generalized Erlang distributed

Keywords: Inventory control; Compound renewal process; Generalized Erlang distribution

22 pages, June 20, 2006

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L_2006_09.pdf PDF-file 

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