OPTIMAL SAFETY‐STOCK INVESTMENT THROUGH SUBJECTIVE EVALUATION OF STOCKOUT COSTS
提出一种结合主观缺货成本函数与持有成本函数的方法，通过迭代优化确定安全库存水平，适用于库存管理决策者。
ABSTRACT This paper solves the problem of setting safety stocks by combining a subjective evaluation of the stockout‐cost function with the usual holding‐cost function. The technique given in this paper for estimating a decision maker's (DM's) disvalue function for stockouts is robust in terms of the shapes permissible for this function and allows for uncertainty on the part of the DM in expressing his/her trade‐offs. The estimation technique could be applied to situations other than the safety‐stock problem. We provide an optimization routine for the safety‐stock problem which is designed to operate in conjunction with the estimation technique. Safety‐stock levels are arrived at iteratively.