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: | Raouf A., Ben-Daya M. |
Keywords: | lead time |
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.