Accession Number:

AD0701172

Title:

COMPUTING EXPECTED VALUES OF CUSTOMER REQUESTS BACKORDERED.

Personal Author(s):

Corporate Author:

ARMY LOGISTICS MANAGEMENT CENTER FORT LEE VA

Report Date:

1970-02-01

Abstract:

The document considers the stockout cost for an inventory manager as a function of the number of customer requests backordered, each request possibly being for several units of stock. The problem arises of computing the expected stockout cost in terms of requests, when techniques are available for computing it in units. A simple conversion factor is desirable. Based on a formal analysis, the conversion factor 1EX is recommended where EX is average size of a customer request. Author

Descriptive Note:

Technical rept.,

Pages:

0011

Descriptors:

Identifiers:

Subject Categories:

File Size:

0.00MB

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