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The uniform distribution product: an approach to the (Q,r) inventory model using R

dc.contributor.authorOliveira, Amilcar
dc.contributor.authorOliveira, Teresa A.
dc.contributor.authorSeijas-Macias, J. Antonio
dc.date.accessioned2021-05-11T13:00:03Z
dc.date.available2021-05-11T13:00:03Z
dc.date.issued2017-01-05
dc.description.abstractIn this work the probability density function (PDF) for the product of two uniformly distributed random variables is explored under the implementation of a new procedure in R language. Based on the Rohatgi theorem for the theoretical form of the product, different possibilities for the range of values of the limits of both distributions are considered. As an application, the management of a (Q,r) inventory model with the presence of lead-time and uniform demand forecasts is considered. Solution to this model looks up to minimize the total costs through the variables Q (reorder quantity) and r (the reorder point), and not always exists an analytical solution of the problem. We show a graphical procedure for the simulation results and a more exactly analytical solution. Implementation in R is straightforward.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1080/02664763.2016.1275531pt_PT
dc.identifier.issn0266-4763 (Print)
dc.identifier.issn1360-0532 (Online)
dc.identifier.urihttp://hdl.handle.net/10400.2/10714
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherTaylor & Francis Grouppt_PT
dc.relationCentre of Statistics and its Applications
dc.subjectUniform distribution productpt_PT
dc.subjectInventory managementpt_PT
dc.subject(Qr) modelpt_PT
dc.subjectR softwarept_PT
dc.subjectRohatgi's theorempt_PT
dc.titleThe uniform distribution product: an approach to the (Q,r) inventory model using Rpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleCentre of Statistics and its Applications
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UID%2FMAT%2F00006%2F2013/PT
oaire.citation.endPage297pt_PT
oaire.citation.issue2pt_PT
oaire.citation.startPage284pt_PT
oaire.citation.titleJournal of Applied Statisticspt_PT
oaire.citation.volume45pt_PT
oaire.fundingStream6817 - DCRRNI ID
person.familyNameOliveira
person.familyNameOliveira
person.familyNameSeijas-Macias
person.givenNameAmilcar
person.givenNameTeresa A.
person.givenNameJ. Antonio
person.identifier1155497
person.identifier.ciencia-id7110-61B4-B87F
person.identifier.ciencia-id8814-A54B-12DE
person.identifier.ciencia-id3717-BC82-53C2
person.identifier.orcid0000-0001-5500-7742
person.identifier.orcid0000-0003-3283-9946
person.identifier.orcid0000-0002-6056-3257
person.identifier.ridJ-3077-2019
person.identifier.scopus-author-id55675222550
person.identifier.scopus-author-id54403540300
person.identifier.scopus-author-id57194105655
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsrestrictedAccesspt_PT
rcaap.typearticlept_PT
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