Inventory management under random supply disruptions and partial backorders

On the use of phase-type distributions f

On the use of phase-type distributions for inventory management with supply disruptions

✍ Barış Balcıog̃lu; Ülkü Gürler 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 251 KB 👁 1 views

Maintaining the continuity of operations becomes increasingly important for systems that are subject to disruptions due to various reasons. In this paper, we study an inventory system operating under a (__q__, __r__) policy, where the supply can become inaccessible for random durations. The availabi