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A generalization of the inventory pooling effect to nonnormal dependent demand
- Source :
- Manufacturing & Service Operations Management. Fall, 2006, Vol. 8 Issue 4, p351, 8 p.
- Publication Year :
- 2006
-
Abstract
- Eppen (1979) showed that inventory costs in a centralized system increase with the correlation between multivariate normal product demands. Using multivariate stochastic orders, we generalize this statement to arbitrary distributions. [...]
- Subjects :
- Inventory control -- Analysis
Multivariate analysis -- Analysis
Business
Subjects
Details
- Language :
- English
- ISSN :
- 15234614
- Volume :
- 8
- Issue :
- 4
- Database :
- Gale General OneFile
- Journal :
- Manufacturing & Service Operations Management
- Publication Type :
- Academic Journal
- Accession number :
- edsgcl.153402762