Approximate Solution to the (Q, r) Inventory Model for Gamma Lead Time Demand
- 1 May 1976
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Management Science
- Vol. 22 (9) , 1043-1047
- https://doi.org/10.1287/mnsc.22.9.1043
Abstract
An approximate analytical method for solving the (Q, r) model when lead time demand is Gamma distributed is discussed. The method is quite accurate and requires less input than the familiar iterative method.Keywords
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