Stability of queueing-inventory systems with customers of different priorities
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Publication:6148753
Abstract: We study a production-inventory system with two customer classes with different priorities which are admitted to the system following a flexible admission control scheme. The inventory management is according to a base stock policy and arriving demand which finds the inventory depleted is lost (lost sales). We analyse the global balance equations of the associated Markov process and derive structural properties of the steady state distribution which provide insights into the equilibrium behaviour of the system. We derive a sufficient condition for ergodicity using the Foster-Lyapunov stability criterion. For a special case we show that the condition is necessary as well.
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Cited in
(4)- Inventory rationing, admission control, and production capacity allocation in a make-to-stock/make-to-order manufacturing system
- A new admission control scheme in queueing-inventory system with two priority classes of demands
- Queueing-inventory system with return of purchased items and customer feedback
- Analysis of a queueing-inventory system with Client Choice Service under a modified (s, S) reorder policy
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