A Design of Experiments Approach to Investigating the Sensitivity of the Re-order Point Method

Abstract : This paper investigates the re-order point inventory management models sensitivity to demand distributions, demand dependencies and lead time distributions. The investigated performance measures are four different versions of service level. The conclusion is for all measures that the single most critical aspect adversely affecting service level performance is the presence of asymmetrically distributed demand.
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Peter Nielsen, Giovanni Davoli, Izabela Nielsen, Niels Rytter. A Design of Experiments Approach to Investigating the Sensitivity of the Re-order Point Method. 19th Advances in Production Management Systems (APMS), Sep 2012, Rhodes, Greece. pp.646-653, ⟨10.1007/978-3-642-40361-3_82⟩. ⟨hal-01470680⟩

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