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The M/M/1 queue with a production-inventory system and lost sales

✍ Scribed by Baek, Jung Woo; Moon, Seung Ki

Book ID
121673545
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
818 KB
Volume
233
Category
Article
ISSN
0096-3003

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This article analyzes a one-to-one ordering perishable inventory model with renewal demands and exponential lifetimes. The leadtimes are independently and exponentially distributed and the demands that occur during stock out periods are lost. Although the items are assumed to decay at a constant rat