A Study of the Effect of Stochastic Inventory Reorder Point on Shortage and Delay

摘要：

This paper aims to study the effect of stochastic inventory reorder point on shortage and delay.In the case of normally distributed demand,partial delivery and with (R,Q) reordering policy, this paper presents the distribution of the amount of stock out of in a reordering cycle,mean and variance at the given level of reorder point.The analytical function of the backordering time mean is also worked out.The main findings of the current study show that shortage and backordering time are the decreasing function of reorder point R,which are tested by some numerical examples.

关键词： reorder point shortage delay

作者: CHENG Yongsheng JIA Li

作者单位: School of Business Administration,Jiangxi University of Finance and Economics,Nanchang,Jiangxi,China School of Foreign Languages,Jiangxi University of Finance and Economics,Nanchang,Jiangxi,China

会议类型: 国际会议

会议名称: The 3rd International Conference on Logistics and Supply Chain Management 2010(第三届物流与供应链管理国际研讨会)

会议地点: 长沙

会议语种:英文

页码: 213-218

在线出版日期: 2010-07-18（万方平台首次上网日期，不代表论文的发表时间）