Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9663777 | European Journal of Operational Research | 2005 | 12 Pages |
Abstract
In this paper, we develop an analytical model to estimate several performance measures in a single-item, multi-company, repairable inventory system where complete pooling of stock is permitted among the companies. Compared to previous research, this paper is different in that both non-zero lateral transshipment time and delayed lateral transshipments are considered in the model. We model the system as a multi-dimensional Markovian problem and solve it using a two-stage solution method. The proposed method is very accurate and computationally efficient.
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Hartanto Wong, Dirk Cattrysse, Dirk Van Oudheusden,