Accession Number:

ADA137384

Title:

Multi-Item (s,S) Inventory Systems with a Service Objective

Descriptive Note:

Technical rept.

Corporate Author:

NORTH CAROLINA UNIV AT CHAPEL HILL SCHOOL OF BUSINESS ADMINISTRATION

Personal Author(s):

Report Date:

1983-11-01

Pagination or Media Count:

200.0

Abstract:

This report considers a Multi-item s,S Inventory System in which shortage costs are replaced by a stockout probability constraint. Necessary and sufficient conditions for a policy to be optimal are derived, and a computational efficient algorithm is developed. Computation experience indicates the operating costs can be reduced significantly.

Subject Categories:

  • Statistics and Probability

Distribution Statement:

APPROVED FOR PUBLIC RELEASE