Modeling Uncertainty in Military Supply Chain Management Decisions

Report Number: VMI-LM-14-176

Series: Acquisition Management

Category: Supply Chain

Report Series: Sponsored Report

Authors: Barry R. Cobb

Title: Modeling Uncertainty in Military Supply Chain Management Decisions

Published: 2014-06-01

Sponsored By: Acquisition Research Program

Status: Published--Unlimited Distribution

Research Type: Other Research Faculty

Full Text URL: http://acquisitionresearch.net/files/FY2014/VMI-LM-14-176.pdf

Keywords: modeling, supply chain management, lead time demand

Abstract:

This report introduces a mixture distribution approach to modeling the probability density function for lead time demand (LTD) in problems where a continuous review inventory system is implemented. The method differs from the typical