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Effect of Lead Time on Inventory: A Static Analysis

Chandrasekhar Das
Operational Research Quarterly (1970-1977)
Vol. 26, No. 2, Part 1 (Jun., 1975), pp. 273-282
DOI: 10.2307/3008461
Stable URL: http://www.jstor.org/stable/3008461
Page Count: 10
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Effect of Lead Time on Inventory: A Static Analysis
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Abstract

In the (Q, R) inventory model with variable lead time the relative sensitivity of almost all decision variables and performance measures to mean lead time unlike that to the variance of lead time is solely determined by the coefficient of variation of demand. The implication of the results is discussed and numerical illustrations are provided.

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