Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
477896 | European Journal of Operational Research | 2006 | 14 Pages |
Abstract
We consider a limited-capacity production-inventory system with linear production rate and compound Poisson demand in which both production and demand processes are subject to independently and randomly changing environmental conditions. Assuming that these conditions are represented by two continuous-time homogeneous Markov chains and shortages are lost, we derive the limiting distribution of the inventory level and present some numerical results in terms of the ensuing performance measures.
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Esmail Mohebbi,