Article ID: | iaor1989422 |
Country: | Netherlands |
Volume: | 40 |
Issue: | 1 |
Start Page Number: | 16 |
End Page Number: | 21 |
Publication Date: | May 1989 |
Journal: | European Journal of Operational Research |
Authors: | Dunsmuir W.T.M., Snyder R.D. |
Keywords: | demand |
The problem of controlling inventories with intermittent demands is considered. A method for determining re-order levels consistent with a specified customer service level is proposed. The distinguishing feature is the use of a probability distribution with a spike at zero to represent the relative frequency of periods with no transactions.