TY - GEN
T1 - A design of experiments approach to investigating the sensitivity of the re-order point method
AU - Nielsen, Peter
AU - Davoli, Giovanni
AU - Nielsen, Izabela
AU - Rytter, Niels Gorm Maly
PY - 2013/11/25
Y1 - 2013/11/25
N2 - This paper investigates the re-order point inventory management models sensitivity to demand distributions, demand dependencies and lead time distributions. The investigated performance measures are four different versions of service level. The conclusion is for all measures that the single most critical aspect adversely affecting service level performance is the presence of asymmetrically distributed demand.
AB - This paper investigates the re-order point inventory management models sensitivity to demand distributions, demand dependencies and lead time distributions. The investigated performance measures are four different versions of service level. The conclusion is for all measures that the single most critical aspect adversely affecting service level performance is the presence of asymmetrically distributed demand.
KW - Demand distributions
KW - Design of experiment
KW - Discrete event simulation
KW - Inventory management
U2 - 10.1007/978-3-642-40361-3_82
DO - 10.1007/978-3-642-40361-3_82
M3 - Article in proceedings
AN - SCOPUS:84887898859
SN - 9783642403606
T3 - I F I P Advances in Information and Communication Technology
SP - 646
EP - 653
BT - Advances in Production Management Systems
PB - Springer
T2 - IFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2012
Y2 - 24 September 2012 through 26 September 2012
ER -