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Department of Industrial Engineering, Tsinghua University, Beijing, China
10.22070/jqepo.2020.3911.1092
Abstract
In this paper, a newsboy model is developed under uniformly distributed lead-time and demand that is an appropriate assumption in obtaining optimal relief inventory of humanitarian disasters. It is noteworthy that limited historical data are in hand on relief operations. Hence, analytical and approximate solutions for optimal relief order quantity were derived. The effect of lead-time uncertainty on the optimal solution was analytically tested. The approximate solution was numerically evaluated and proper agreement with analytical data was achieved with a low variation coefficient of lead-time. The analytical results showed that lead-time uncertainty might increase or decrease relief order quantity, depending on the variation coefficient of lead-time.
karimi movahed, K., Ghodrat Nama, A., & Zhang, Z. (2019). Optimal Relief Order Quantity under Stochastic Demand and Lead-time. Journal of Quality Engineering and Production Optimization, 4(2), 31-48. doi: 10.22070/jqepo.2020.3911.1092
MLA
kamran karimi movahed; Ali Ghodrat Nama; Zhihai Zhang. "Optimal Relief Order Quantity under Stochastic Demand and Lead-time". Journal of Quality Engineering and Production Optimization, 4, 2, 2019, 31-48. doi: 10.22070/jqepo.2020.3911.1092
HARVARD
karimi movahed, K., Ghodrat Nama, A., Zhang, Z. (2019). 'Optimal Relief Order Quantity under Stochastic Demand and Lead-time', Journal of Quality Engineering and Production Optimization, 4(2), pp. 31-48. doi: 10.22070/jqepo.2020.3911.1092
VANCOUVER
karimi movahed, K., Ghodrat Nama, A., Zhang, Z. Optimal Relief Order Quantity under Stochastic Demand and Lead-time. Journal of Quality Engineering and Production Optimization, 2019; 4(2): 31-48. doi: 10.22070/jqepo.2020.3911.1092
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