Artikel

Fill rate estimation in periodic review policies with lost sales using simple methods

Purpose: The exact estimation of the fill rate in the lost sales case is complex and time consuming. However, simple and suitable methods are needed for its estimation so that inventory managers could use them. Design/methodology/approach: Instead of trying to compute the fill rate in one step, this paper focuses first on estimating the probabilities of different on-hand stock levels so that the fill rate is computed later. Findings: As a result, the performance of a novel proposed method overcomes the other methods and is relatively simple to compute. Originality/value: Existing methods for estimating stock levels are examined, new procedures are proposed and their performance is assessed.

Sprache
Englisch

Erschienen in
Journal: Journal of Industrial Engineering and Management (JIEM) ; ISSN: 2013-0953 ; Volume: 9 ; Year: 2016 ; Issue: 5 ; Pages: 983-990 ; Barcelona: OmniaScience

Klassifikation
Management
Thema
fill rate
lost sales
periodic review policy

Ereignis
Geistige Schöpfung
(wer)
Cardós, Manuel
Guijarro Tarradellas, Ester
Babiloni Griñón, Eugenia
Ereignis
Veröffentlichung
(wer)
OmniaScience
(wo)
Barcelona
(wann)
2016

DOI
doi:10.3926/jiem.2063
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Cardós, Manuel
  • Guijarro Tarradellas, Ester
  • Babiloni Griñón, Eugenia
  • OmniaScience

Entstanden

  • 2016

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