On choosing a family of probability distributions for lead time demand
Richards, Francis Russell
Thomas, Marlin Uluess
MetadataShow full item record
The problem of selecting an appropriate family of probability distributions to be used in the procedures for forecasting future demands is examined. Using the principle of maximum entropy and other practical considerations, the gamma family is shown to result from conditions typical of those in the Naval Supply System. On considering other decision criteria based on measures of supply effectiveness, the gamma family is shown to be superior to the family of distribution presently in use
NPS Report NumberNPS-55Rh74021
Showing items related by title, author, creator and subject.
Neta, Beny; Chun, Changbum; Kim, Sujin (World Scientific Publishing Company, 2014-07-29);P. Jarratt has developed a family of fourth-order optimal methods. He suggested two members of the family. The dynamics of one of those was discussed previously. Here we show that the family can be written using a weight ...
DiRenzo, Marco S.; Greenhaus, Jeffrey H.; Weer, Christy H. (2011);Although substantial research has examined the conflict that employees experience between their work and family roles, the literature has not investigated the prevalence and antecedents of work–family conflict for ...
Zviran, Moshe (Monterey, California. Naval Postgraduate School, 1990-03); NPS-54-90-008This paper presents a selection methodology for a computer-family. The proposed methodology incorporates the Analytic Hierarchy Process in the evaluation procedure and aims at helping organizations in selecting a family ...