CORRECTIONS OF INVENTORY CONTROL FORMULAE FOR THE NEGATIVE BINOMIAL DISTRIBUTION

Authors
  1. Vincent, P.A.
Corporate Authors
Operational Research and Analysis Establishment, Ottawa ONT (CAN) Directorate of Mathematics and Statistics
Abstract
The negative binomial distribution is one of three probability distributions used to model item demands in the CFSS. In D Log A Staff Note 80/10, inventory control formulae were developed to assist in evaluating impacts of proposed changes to the CFSS. This Staff Note deals with corrections to these formulae which describe the expected backorders at any time, the expected on-hand inventory at t any time and fill rates on expected annual number of backorders.
Report Number
DSA-STAFFNOTE-81/11 —
Date of publication
15 Oct 1981
Number of Pages
16
DSTKIM No
81-03918
CANDIS No
34646
Format(s):
Hardcopy;Originator's fiche received by DSIS

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