Browsing Working Papers by Subject "Inventory models"
Now showing items 1-4 of 4
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Analysis of (S, s) inventory system with decaying items
(2010-03-14)This article obtains the stationary distribution of the inventory level of an (S, s) inventory model with decaying items. The demand to this inventory system is governed by a general renewal process. Items decay at a ... -
Finite horizon inventory model: an operational framework
(2009-12-12)We paper present a simulation based decision support system to decide the inventory ordering policy in the context of a single commodity, multi pack, and finite horizon situation. The model addresses the decision choice ... -
Multi-item (S, s) inventory model with poisson demand general lead time and adjustable reorder time
(2010-07-22)Stochastic Multiple Item Inventory System of (S, s) type is studied with general lead time distribution and Poisson demand. The demands occur according to Poisson process for one unit of a specific item at a time. The ... -
A note on (S,s) inventory policy
(2010-03-14)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 ...