A control policy of an inventory system with compound poisson demand
作者:
S. Kalpakam,
K.P. Sapna,
期刊:
Stochastic Analysis and Applications
(Taylor Available online 1993)
卷期:
Volume 11,
issue 4
页码: 459-482
ISSN:0736-2994
年代: 1993
DOI:10.1080/07362999308809327
出版商: Marcel Dekker, Inc.
数据来源: Taylor
摘要:
This paper deals with the problem of controlling the replenishment rates of a single item lost, sales inventory system with compound Poisson demands and two types of reorders with varying order quantities. The replenishment. rate for each of these orders can be chosen from a given set. The problem is to determine a decision rule that specifies the rates of these reorders as a function of the state of the system so as to minimize the long–run tota1 expected cost rate The optimal policy is computed using the linear programming algorithm and the results are illustrated numerically
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