Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1142877 | Operations Research Letters | 2010 | 6 Pages |
Abstract
We propose a new method for the analysis of lot-per-lot inventory systems with backorders under rationing. We introduce an embedded Markov chain that approximates the state-transition probabilities. We provide a recursive procedure for generating these probabilities and obtain the steady-state distribution.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
Mehmet Murat Fadıloğlu, Önder Bulut,