Ramaekers, Katrien; Janssens, Gerrit K. - In: European Journal of Industrial Engineering 2 (2008) 4, pp. 479-491
An inventory system containing uncertainty, e.g., in demand, in costs, in lead time, or in supplied quantity or quality, needs a probability distribution of demand for reorder point models. In the literature on inventory control, many times reference is made to the Normal or Gamma distribution...