Artigo Revisado por pares

A Table for Determining the Probability of a Stock out and Potential Lost Sales for a Gamma Distributed Demand

1976; Palgrave Macmillan; Volume: 27; Issue: 3 Linguagem: Inglês

10.1057/jors.1976.121

ISSN

1476-9360

Autores

T. A. Burgin, John M. Norman,

Tópico(s)

Big Data and Business Intelligence

Resumo

A table is given for determining the probability of a stock out and potential lost sales for a gamma distribution of demand. In addition to general applicability it is shown that the table enables a fundamental equation in inventory theory associated with the problem of minimizing the total cost of holding stock to be solved approximately.

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