A simple verification for the n-th moment of the backlog for the periodic review (s, S) inventory system

A simple verification for the n-th moment of the backlog for the periodic review (s, S) inventory system

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Article ID: iaor200283
Country: India
Volume: 22
Issue: 1
Start Page Number: 151
End Page Number: 155
Publication Date: Jan 2001
Journal: Journal of Information & Optimization Sciences
Authors:
Abstract:

We derive a simple method to prove the n-th moment of the warehouse backlog for the periodic (s, S) inventory system. When the difference between the warehouse order-up-to-level and the warehouse reorder point is large, under the condition that order-up-to-level is approximated by infinite quantity and the renewal density function is approximated by the reciprocal of the mean review period demand.

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