IDEAS home Printed from https://ideas.repec.org/a/wly/navlog/v29y1982i4p667-677.html
   My bibliography  Save this article

The logarithmic poisson gamma distribution: A model for leadtime demand

Author

Listed:
  • Steven Nahmias
  • W. Steven Demmy

Abstract

This paper considers an inventory system in which demand occurrences arise according to a stationary Poisson process, demand sizes at each occurrence follow a logarithmic distribution, and leadtimes are random variables with the gamma distribution. Both the exact and approximate distribution for leadtime demand are derived and computations are performed which compare the approximation to the exact distribution. The results have application to both repairable and consumable item inventory systems.

Suggested Citation

  • Steven Nahmias & W. Steven Demmy, 1982. "The logarithmic poisson gamma distribution: A model for leadtime demand," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 29(4), pages 667-677, December.
    • Handle: RePEc:wly:navlog:v:29:y:1982:i:4:p:667-677
    DOI: 10.1002/nav.3800290413
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/nav.3800290413
    Download Restriction: no
    File URL: https://libkey.io/10.1002/nav.3800290413?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Uttarayan Bagchi, 1987. "Modeling lead‐time demand for lumpy demand and variable lead time," Naval Research Logistics (NRL), John Wiley & Sons, vol. 34(5), pages 687-704, October.
    2. Mahdavi, Mojtaba & Olsen, Tava Lennon, 2021. "The dual-serving problem: What is the right choice of inventory strategy?," Omega, Elsevier, vol. 103(C).
    3. Strijbosch, L.W.G. & Heuts, R.M.J. & van der Schoot, E.H.M., 1998. "Improved Spare Parts Inventory Management : A Case Study," Other publications TiSEM 1594cf21-723c-4899-907b-2, Tilburg University, School of Economics and Management.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:navlog:v:29:y:1982:i:4:p:667-677. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1002/(ISSN)1931-9193 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.