Measuring the effect of the lead-time on the target level performances in a finite horizon

The research focuses on the fill rate and waiting time performance measure in the finite horizon. The two measures will be investigated in a periodic review order-up-to policy. Investigating these performance measures in a finite horizon is relevant because suppliers have contracts regards the supply of goods and obtaining a certain service level for supplying these goods. This research will first verify the results of Thomas (2005) regards the fill rate performance in a finite horizon. Afterwards the focus will shift towards what implication a deterministic positive lead-time has on these results. On top of that, the waiting time of customers is analyzed as a second performance level. The research shows that most results found by Thomas (2005) still hold to an extent. In the discussion it is reviewed to what extend these results hold.