Distribution free procedures for make-to-order (MTO), make-in-advance (MIA), and composite policies

Distribution free procedures for make-to-order (MTO), make-in-advance (MIA), and composite policies

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Article ID: iaor1998566
Country: Netherlands
Volume: 48
Issue: 1
Start Page Number: 21
End Page Number: 28
Publication Date: Jan 1997
Journal: International Journal of Production Economics
Authors: ,
Keywords: statistics: general
Abstract:

The purpose of this paper is to study the make-to-order, make-in-advance, and composite policies in a single period two echelon stochastic model with more realistic assumptions. We relax the assumption that the cumulative distribution function of demand is completely known and merely assume that its first two moments are known.

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