An inventory model with negative customers and service interruptions (Q2204226)

From MaRDI portal
scientific article
Language Label Description Also known as
English
An inventory model with negative customers and service interruptions
scientific article

    Statements

    An inventory model with negative customers and service interruptions (English)
    0 references
    0 references
    15 October 2020
    0 references
    Summary: In this paper, we consider a single server queueing system with inventory wherein customers arrive according to Poisson process. A customer turns out to be an ordinary customer or a negative customer. An ordinary customer, on arrival, joins the queue and a negative customer, on the other hand, does not join the queue but takes away one waiting customer, if any. The inventory is served at an exponential rate to the waiting customers and it is replenished according to \((s,S)\) policy with positive lead time. Due to breakdowns the service process is subjected to interruptions, which follows an exponential distribution and the broken down server is repaired at an exponential rate. Matrix geometric solution is obtained for the steady state probability distribution of the inventory model. Finally, cost analysis is carried out.
    0 references
    stochastic inventory
    0 references
    negative customers
    0 references
    service interruptions
    0 references
    lead times
    0 references
    matrix geometric method
    0 references
    inventory modelling
    0 references
    single server queueing
    0 references

    Identifiers