Application of Transforms in a Compound Demands Process

  • 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.

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How to Cite
1.
Tang O. Application of Transforms in a Compound Demands Process. Promet [Internet]. 1 [cited 2022May28];13(6):355-64. Available from: https://traffic.fpz.hr/index.php/PROMTT/article/view/1075
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