A proposal of analytical formulations to calculate safety lead times under demand variability. A case study

A proposal of analytical formulations to calculate safety lead times under demand variability. A case study

Blog Article

This paper deals with the issue of safety lead time (SLT) calculations in production-inventory systems in presence of both demand and replenishment lead time variability.We provide some formulations of the SLT and numerically show their performance as compared to a benchmark in the literature.Thus the main objective of this paper is to provide analytical formulations to calculate the SLT that contemplate demand variability.To this end, a literature review was done to analyze the approaches and justifications of the different revised research argento romano countertop works to identify reference formulations according to the objectives of this work.

A supply chain from the automotive sector was used as the study frame and to validate the proposed formulations.This supply chain involved two companies: a car manufacturer and a first-tier supplier.In order to compare the proposed formulations with one another, and with that currently used by the first-tier outdoor round junction box for 3 screw base cameras supplier and is the study object, three parameters were used: safety stock, the number of times stockout occurs and the mean stock.They allowed the final selection of the most suitable SLT formulation for each case study.