Article ID Journal Published Year Pages File Type
1142877 Operations Research Letters 2010 6 Pages PDF
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.

Related Topics
Physical Sciences and Engineering Mathematics Discrete Mathematics and Combinatorics
Authors
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