Inventory Control Models_Uncertainity
Inventory Control Models Ch 5 (Uncertainty of Demand) R. R. Lindeke IE 3265, Production And Operations Management.
ISEN 315 Spring 2011 Dr. Gary Gaukler. Lot Size Reorder Point Systems Assumptions –Inventory levels are reviewed continuously (the level of on-hand inventory.
Inventory Control Models Uncertainity
ISEN 315 Spring 2011 Dr. Gary Gaukler. Demand Uncertainty How do we come up with our random variable of demand? Recall naïve method: