Some stochastic inventory models with deterministic variable lead time
โ Scribed by Moncer Hariga; Mohamed Ben-Daya
- Publisher
- Elsevier Science
- Year
- 1999
- Tongue
- English
- Weight
- 127 KB
- Volume
- 113
- Category
- Article
- ISSN
- 0377-2217
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๐ SIMILAR VOLUMES
## 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
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