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Inventory Control with Normal Demand and Gamma Lead Times

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Journal of the Operational Research Society

Abstract

An exact expression for protection and potential lost sales is obtained for a reorder level system of inventory control in which the demand is normally distributed and the lead time gamma distributed. The accuracy of an approximate method is explored.

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Authors and Affiliations

  1. Dunlop Ltd.,

    T. A. Burgin

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  1. T. A. Burgin
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Burgin, T. Inventory Control with Normal Demand and Gamma Lead Times. J Oper Res Soc 23, 73–80 (1972). https://doi.org/10.1057/jors.1972.7

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  • DOI: https://doi.org/10.1057/jors.1972.7

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