Showing 1 - 3 of 3
In this paper we study an unreliable bottleneck production/inventory system with a constant production and demand rate that is subject to random disruptions. We assume that the restoration times are constant, the time between breakdowns is exponential, the production setup cost and/or setup time...
Persistent link: https://www.econbiz.de/10009197831
In this paper we develop an approximate model of an inventory control system in which there exist two options for resupply, with one having a shorter lead time. Because the optimal policy appears to be extremely complex, we consider a reasonable extension of the standard (Q, R) policy to allow...
Persistent link: https://www.econbiz.de/10009197968
Persistent link: https://www.econbiz.de/10011916646