Effective utilization of idle time in an \((s,S)\) inventory with positive service time (Q937476)
From MaRDI portal
 | This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use this page instead for the normal view: Effective utilization of idle time in an \((s,S)\) inventory with positive service time |
scientific article; zbMATH DE number 5312404
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Effective utilization of idle time in an \((s,S)\) inventory with positive service time |
scientific article; zbMATH DE number 5312404 |
Statements
Effective utilization of idle time in an \((s,S)\) inventory with positive service time (English)
0 references
15 August 2008
0 references
Summary: We deviate from the Berman et al. models in inventory with positive service time. We establish a necessary and sufficient condition for system stability. Several performance measures are computed. An optimisation problem is discussed. Our analysis suggests that it is optimal to place the replenishment order when the inventory level is positive (even in the zero lead time case). Numerical illustrations are provided.
0 references
