On the Ample Service Assumption of Palm's Theorem in Inventory Modeling
Management SciencePublished 1 September 1982
Donald Gross
Citations24
SJR quartileQ1
SJR score5.72
SNIP2.88
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Abstract
A key assumption of much of the continuous review inventory modeling work is that orders placed do not queue up, so that there is complete order crossing and hence order lead times are strictly independent random variables. This paper investigates the effects of this assumption (which is almost never true).
Keywords
Computer ScienceDecision SciencesBusiness, Management and Accounting
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It is desired to determine the number of repairmen and spares required over a multi-year planning horizon to provide for a service criterion of 90% availability.
