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Accelerating Discoveries in Traffic Science

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PUBLISHED
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DOI
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ISSUE
2001 (Vol 13), Issue 6
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Copyright (c) 2024 Ou Tang
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Application of Transforms in a Compound Demands Process

Authors:

Ou Tang

Keywords:inventory logistics, compound demand, Input-Output analysis

Abstract

The compound distribution is of interest for the study of inventoryproblem, since it provides a more flexible description ofthe stochastic properties of the system compared to many otherapproaches such as renewal processes. However, due to the difficultiesof obtaining analytical results for the compound distribution,such a type of study is usually limited to searching for agood approximation for replacing the complex model. This paperinvestigates the possibility to extend a previous stochastic inventorymodel to cover a compound demand process. Transformmethods again play an imp01tant role in the analysis forcapturing the stochastic prope1ties of the compound distribution.

References

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    Eppen, G.D. and Martin R. K. (1998), Detennining

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    Keaton, M. (1995), Using the Gamma Distribution to

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    } Lau, H.-S. (1989), Toward an Invent01y Control Syscem

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How to Cite
Tang, O. (et al.) 1900. Application of Transforms in a Compound Demands Process. Traffic&Transportation Journal. 13, 6 (Jan. 1900), 355-364. DOI: https://doi.org/.

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