Inventory Models with Continuous, Stochastic Demands
Browne, Sidney ; Zipkin, Paul
Ann. Appl. Probab., Tome 1 (1991) no. 4, p. 419-435 / Harvested from Project Euclid
This article is concerned with the $(r, q)$ inventory model, where demand accumulates continuously, but the demand rate at each instant is determined by an underlying stochastic process. The primary result is the demonstration of a certain insensitivity property, which characterizes the limiting behavior of the model. This property drastically simplifies the computation of performance measures for the system.
Publié le : 1991-08-14
Classification:  Markov processes,  inventory theory,  clearing processes,  uniform distribution,  insensitivity,  60J25,  90B05
@article{1177005875,
     author = {Browne, Sidney and Zipkin, Paul},
     title = {Inventory Models with Continuous, Stochastic Demands},
     journal = {Ann. Appl. Probab.},
     volume = {1},
     number = {4},
     year = {1991},
     pages = { 419-435},
     language = {en},
     url = {http://dml.mathdoc.fr/item/1177005875}
}
Browne, Sidney; Zipkin, Paul. Inventory Models with Continuous, Stochastic Demands. Ann. Appl. Probab., Tome 1 (1991) no. 4, pp.  419-435. http://gdmltest.u-ga.fr/item/1177005875/