A Basic Statistical Approach to Handle Demand Variability in a Simple Supply Chain
Year: 2026
Type: article
Abstract: Uncertainty in customer demand is a common issue in supply chain systems and often results ininefficient inventory decisions. This paper presents a simplified statistical study to understand and managedemand variability in a single-stage supply chain. Using elementary statistical measures such as averagedemand and variability, the study develops a reorder policy that includes safety stock. The results show thatsimple statistical techniques can effectively support inventory planning and improve service performance,especially for small-scale supply chains and educational applications.
Author: Miss. Pragati Shivaji Jadhav
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7130858236
FWCI:
Cites:
Cited by:
Related to: