Estimated Back Orders, poisson

Description

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).

Usage

1
EBO(j,Lam,t)

Arguments

j

The initial stock level

Lam

The fail rate.

t

The average time to restore (repair time).

Value

Returns a scalar value for the EBO.

References

Craig C. Sherbrooke, (2004) "Optimal Inventory Modeling of Systems, Multi-Echelon Techniques, Second Edition"

Examples

1
BackOrders<-EBO(0,92.8,0.02531)