A controlled M / G / 1 workload process with an application to perishable inventory systems
D. Perry () and
W. Stadje ()
Mathematical Methods of Operations Research, 2006, vol. 64, issue 3, 415-428
Abstract:
We derive the stationary distribution of the regenerative process W(t), t ≥ 0, whose cycles behave like an M / G / 1 workload process terminating at the end of its first busy period or when it reaches or exceeds level 1, and restarting with some fixed workload $$a\in (0,1)$$ . The result is used to obtain the overflow distribution of this controlled workload process; we derive $$\mathbb{E}e^{-\alpha} W(T)$$ and $$\mathbb{E}[e^{{-\alpha}^{W(T)}} | W(T) \geq 1]$$ , where T is the duration of the first cycle. W(t) can be linked to a certain perishable inventory model, and we use our results to determine the distribution of the duration of an empty period. Copyright Springer-Verlag 2006
Keywords: Controlled workload process; M / G / 1; Stationary distribution; Overflow; Perishable inventory system (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mathme:v:64:y:2006:i:3:p:415-428
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DOI: 10.1007/s00186-006-0094-0
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