Waiting time distribution in (T, S) inventory systems

Authors:
Fangruo Chen;Yu-Sheng Zheng
Affiliations:
Department of Decision Sciences, The Wharton School, University of Pennsylvania, Philadelphia, PA 19104, USA;Department of Decision Sciences, The Wharton School, University of Pennsylvania, Philadelphia, PA 19104, USA
Venue:
Operations Research Letters
Year:
1992

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Abstract

This paper provides a concise derivation of the customer waiting time distribution in (T, S) inventory systems with compound renewal demand processes and random leadtimes. The computation of the waiting time distribution is simplified when the demand process is compound Poisson and the leadtime is constant.