Description Usage Arguments Value References Examples
This is a the initial function for calculating the Estimated Back Orders assuming a poisson distribution for demand given a an initial stock level (j), demand rate (Lam), and average time to restore (t).
1 |
j |
The initial stock level |
Lam |
The fail rate. |
t |
The average time to restore (repair time). |
Returns a scalar value for the EBO.
Craig C. Sherbrooke, (2004) "Optimal Inventory Modeling of Systems, Multi-Echelon Techniques, Second Edition"
1 | BackOrders<-EBO(0,92.8,0.02531)
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