Mixture Inventory Model with Backorders and Lost Sales for Variable Lead Time
โ Scribed by Liang-Yuh Ouyang, Neng-Che Yeh and Kun-Shan Wu
- Book ID
- 115541192
- Publisher
- Palgrave Publishers Ltd.
- Year
- 1996
- Tongue
- English
- Weight
- 148 KB
- Volume
- 47
- Category
- Article
- ISSN
- 0160-5682
- DOI
- 10.2307/3010290
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๐ SIMILAR VOLUMES
Using a system-point (SP) method of level crossings, we derive the stationary distribution of the inventory level (stock on hand) in a continuous-review inventory system with compound Poisson demand, Erlang as well as hyperexponentially distributed lead times, and lost sales. This distribution is th
The exact expression is derived for the average stationary cost of a (Q,R) inventory system with lost sales, unit Poisson demands, Erlang-distributed lead times, fixed order cost, fixed cost per unit lost sale, linear holding cost per unit time, and a maximum of one order outstanding. Explicit expre