An (s, S) inventory system with poisson demands and exponential lead time
โ Scribed by M. J. Beckmann; S. K. Srinivasan
- Publisher
- Springer
- Year
- 1987
- Tongue
- German
- Weight
- 255 KB
- Volume
- 9
- Category
- Article
- ISSN
- 0171-6468
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
Inventory control of products with finite lifetimes is important in many modern business organizations. It has been an important and difficult research subject. Here, we study the (s, S) continuous review model for items with an exponential random lifetime and a general renewal demand process throug
## 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