✦ LIBER ✦

On the (S-1, S) inventory model under compound poisson demands and i.i.d. unit resupply times

✍ Scribed by Ki Ling Cheung

Publisher: John Wiley and Sons
Year: 1996
Tongue: English
Weight: 551 KB
Volume: 43
Category: Article
ISSN: 0894-069X
DOI: 10.1002/(sici)1520-6750(199606)43:4<563::aid-nav8>3.0.co;2-5

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✦ Synopsis

We analyze an ( 4 1, S ) inventory model with compound Poisson demands. Resupply times for individual units are independent and identically distributed. Such a model can also be characterized as an Mx/G/oo queue. We derive expressions of performance measure such as the steady-state distribution and the expectation of the number of backlogged units. In addition, numerical examples are included to reflect the effects of i.i.d. unit resupply times.

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📂 Article 📅 1959 🏛 John Wiley and Sons 🌐 English ⚖ 144 KB 👁 1 views