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Publication
Naval Research Logistics
Paper
Estimation of average backorders for an assemble-to-order system with random batch demands through extreme statistics
Abstract
We investigate inventory management for a large-scale multi-product, multi-component Assemble-to-Order system with general random batch demands. Results from extreme statistics theory are applied in developing approximation schemes for a widely used performance measure, customer backorders. © 2006 Wiley Periodicals, Inc.