A note on (S,s) inventory policy

dc.contributor.author	Ravichandran, N.
dc.date.accessioned	2010-03-14T10:11:25Z
dc.date.available	2010-03-14T10:11:25Z
dc.date.copyright	1981-04
dc.date.issued	2010-03-14T10:11:25Z
dc.identifier.uri	http://hdl.handle.net/11718/1191
dc.description.abstract	This article obtains the stationary distribution of the stock level of a continuous review (S,s) Inventory policy with the following characteristics. The demand rate is a constant and unit quantity is demanded whenever there is a demand. When the stock level reduces to an order for (S - s) units is placed which materialises after a random time; the lead time is assumed to have a distribution of PH-type. Further, it is assumed that the demands that arise when the stock level is zero are lost.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1981/358
dc.subject	Stochastic Process	en
dc.subject	Inventory models	en
dc.subject	Continuous review	en
dc.title	A note on (S,s) inventory policy	en
dc.type	Working Paper	en