CALCULATION OF EXPECTED TIME WEIGHTED BACKORDERS OVER A GIVEN INTERVAL.
ARMY LOGISTICS MANAGEMENT CENTER FORT LEE VA
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Two formulae are presented for calculating expected time weighted backorders over a fixed time interval. One formula is a more precise form of a result found in the literature, and is found using a direct intuitive approach. The second formula is derived using the steady state distribution of inventory and is directly compatible with the use of steady state R,Q models. The two formulae are compared and reconciled. Author
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