We show that the expected value of the actual fill rate is greater than the value given by the infinite horizon expression.
the horizon is finite, we show that the expected value of the actual fill rate is greater than the value given by the infinite horizon expression.
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Filling Ratio 100% · Infinite Horizon 60% · Inventory System 20% · Operations Management 20% · Set Stocking 20% · Independent Demand 20%.
Chen et al. (2003) proved that the expected fill rate in a finite horizon setting is always greater than or equal to that in an infinite horizon setting with ...
We investigate expressions for expected item fill rate in a periodic inventory system. The typical treatment of fill rate found in many operations ...
Title, On the single item fill rate for a finite horizon ; Publication Type, Journal Article ; Year of Publication, 2003 ; Authors, Chen, J, Lin, DKJ, Thomas, DJ.
This paper investigates the behavior of the distribution of the finite-horizon fill rate when a stationary base-stock policy is used to control inventory ...
In this paper, I investigate the behavior of the distribution of the finite-horizon fill rate when a stationary base-stock policy is used to control inventory.
Title, On the single item fill rate for a finite horizon ; Publication Type, Journal Article ; Authors, Chen, J, Lin, DKJ, Thomas, DJ ...
In a finite horizon, the fill rate is a random variable. Studying the distribution is relevant because a vendor may be subject to financial penalty if she fails ...