Stochastic inventory management at a service facility with a set of reorder levels
We consider a continuous review perishable inventory system at a service facility with a finite waiting capacity. The maximum inventory level is fixed and the customers arrive according to a Markov arrival process. The life time of each item and the service time are assumed to have independent expon...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Operations Research Society of South Africa (ORSSA)
2007-12-01
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| Series: | ORiON |
| Online Access: | http://orion.journals.ac.za/pub/article/view/53 |