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In this paper we will discuss a general framework for single item inventory models based on the theory of regenerative processes. After presenting without proof the main theorems for regenerative processes we analyze in detail how the different single item models can be embedded within this...
Persistent link: https://www.econbiz.de/10012729080
This article is a continuation of the paper Inventory Control and Regenerative processes: Theory (cf.~\cite{Bazsa98}) and presents closed form expressions for Laplace transforms associated with the cost functions of the classical single item inventory models with indivisible items, a fixed lead...
Persistent link: https://www.econbiz.de/10012729081