Storage opportunity loss with a Pearson demand distribution

Storage opportunity loss with a Pearson demand distribution

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Article ID: iaor1995445
Country: Netherlands
Volume: 35
Start Page Number: 351
End Page Number: 357
Publication Date: Jun 1994
Journal: International Journal of Production Economics
Authors: ,
Abstract:

In earlier papers, the authors investigated the influence of some demand distribution functions on the minimum expected storage opportunity loss. This investigation was restricted in two ways. First, it concerned the expected opportunity loss function with linear components due to under- or over-dimensioning of the storage level. Secondly, it concerned only symmetric Pearson demand distribution functions. This paper generalizes the previous results for a very wide range of Pearson distributions.

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