Stochastic Inventory System With Different Rates of Production

Mohammad Ataullah, Mohammad Ekramol Islam and Md. Sharif Uddin
Additional contact information
Mohammad Ataullah: Jahangirnagar University, Bangladesh
Mohammad Ekramol Islam: Department of Business Administration, Northern University Bangladesh
Md. Sharif Uddin: Jahangirnagar University, Bangladesh

International Journal of Operations Research and Information Systems (IJORIS), 2020, vol. 11, issue 2, 36-52

Abstract: This article analyzes a solitary item stochastic inventory model with two distinctive generation rates where a request pursues Poisson distribution and an item has a limited lifetime which is level dependent. It is expected that the framework be on a foreordained level and the framework is changed over to ON mode from OFF mode with a noteworthy exchanging time with exponential parameter α. During the switching time, no interest will be served, the interest during the exchange time is lost. Here, excesses are permitted and during accumulations, the production rate is higher than that of ordinary generation time. Some framework attributes are shown with time variety.

Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve. ... 18/IJORIS.2020040103 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:igg:joris0:v:11:y:2020:i:2:p:36-52

Access Statistics for this article

International Journal of Operations Research and Information Systems (IJORIS) is currently edited by John Wang

More articles in International Journal of Operations Research and Information Systems (IJORIS) from IGI Global
Bibliographic data for series maintained by Journal Editor ().