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An approximation to the continuous review inventory model with perishable items and lead times

โœ Scribed by Huan Neng Chiu


Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
960 KB
Volume
87
Category
Article
ISSN
0377-2217

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## Abstract Using Markov renewal theory, we derive analytic expressions for the expected average cost associated with __(s, S)__ policies for a continuous review inventory model with a compound Poisson demand process and stochastic lead time, under the (restrictive) assumption that only one order c