Developing a closed-form cost expression for an \((R,s,nQ)\) policy where the demand process is compound generalized Erlang

DOI10.1016/j.orl.2006.11.002zbMath1149.90013OpenAlexW1970128756MaRDI QIDQ2465942

Christian Larsen, Gudrun P. Kiesmüller

Publication date: 11 January 2008

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://pure.au.dk/ws/files/355/L_2006_09.pdf

zbMATH Keywords

inventory controlcompound renewal processgeneralized Erlang distribution

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (5)

Pack size effects on retail store inventory and storage space needs ⋮ Optimal inventory management using retail prepacks ⋮ The 2Bin system for controlling medical supplies at point-of-use ⋮ Determining the optimal order quantity with compound Erlang demand under \((T, Q)\) policy ⋮ Optimal (r, nQ, T) batch-ordering policy under stationary demand

Cites Work

• Inventory Cost Rate Functions with Nonlinear Shortage Costs
• An Efficient Algorithm for Computing an Optimal (r, Q) Policy in Continuous Review Stochastic Inventory Systems
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