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Solution process for inventory models with crashable lead time

✍ Scribed by Lin, Jennifer; Hung, Kuo-Chen; Tang, Didos


Book ID
122170321
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
285 KB
Volume
227
Category
Article
ISSN
0096-3003

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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