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Production-inventory systems in stochastic environment and stochastic lead times

โœ Scribed by Vidyadhar Kulkarni; Keqi Yan


Publisher
Springer US
Year
2011
Tongue
English
Weight
795 KB
Volume
70
Category
Article
ISSN
0257-0130

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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