Extension of a reliability-type inventory model to just-in-time systems

Document Type

Article

Publication Date

1-1-1992

Abstract

Reliability-type inventory models are formulated to determine the minimal safety stock that will provide a prescribed service level for satisfying demand. We give an extension of such a model as an approximation for handling the specific features of Just-in-Time (JIT) production and service systems. © 1992.

Publication Source (Journal or Book title)

International Journal of Production Economics

First Page

319

Last Page

326

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