Inventory management for stochastic lead times with order crossovers.

European Journal of Operational Research(2016)

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摘要
•We consider the order-up-to policy with a stochastic lead time and order crossovers.•We find the distribution of the number of open orders.•The inventory distribution when orders and work-in-progress are correlated is found.•We show minimal safety stock and inventory variance do not lead to minimum costs.
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关键词
Stochastic lead-times,Safety stock,Order cross-over,Order-up-to policy,Global supply chains
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