Inventory models involving lead time as a decision variable

Inventory models involving lead time as a decision variable

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Article ID: iaor1995429
Country: United Kingdom
Volume: 45
Issue: 5
Start Page Number: 579
End Page Number: 582
Publication Date: May 1994
Journal: Journal of the Operational Research Society
Authors: ,
Keywords: lead time
Abstract:

Most of the literature dealing with inventory problems assumes lead time as prescribed, whether deterministic or probabilistic. In certain cases, lead time can be reduced but at an added cost. This article discusses inventory models where lead time is one of the decision variables.

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