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Markovian Demands on Two Commodity Inventory System with Queue-Dependent Services and an Optional Retrial Facility

K. Jeganathan, M. Abdul Reiyas, S. Selvakumar, N. Anbazhagan, S. Amutha, Gyanendra Prasad Joshi, Duckjoong Jeon and Changho Seo
Additional contact information
K. Jeganathan: Ramanujan Institute for Advanced Study in Mathematics University of Madras, Chepauk, Chennai 600005, India
M. Abdul Reiyas: Department of Food Business Management, College of Food and Dairy Technology, The Tamil Nadu Veterinary and Animal Sciences University (TANUVAS), Chennai 600051, India
S. Selvakumar: Ramanujan Institute for Advanced Study in Mathematics University of Madras, Chepauk, Chennai 600005, India
N. Anbazhagan: Department of Mathematics, Alagappa University, Karaikudi 630003, India
S. Amutha: Ramanujan Centre for Higher Mathematics, Alagappa University, Karaikudi 630003, India
Gyanendra Prasad Joshi: Department of Computer Science and Engineering, Sejong University, Seoul 05006, Korea
Duckjoong Jeon: Department of Convergence Science, Kongju National University, Gongju 32588, Korea
Changho Seo: Department of Convergence Science, Kongju National University, Gongju 32588, Korea

Mathematics, 2022, vol. 10, issue 12, 1-22

Abstract: The use of a Markovian inventory system is a critical part of inventory management. The purpose of this study is to examine the demand for two commodities in a Markovian inventory system, one of which is designated as a major item (Commodity-I) and the other as a complimentary item (Commodity-II). Demand arrives according to a Poisson process, and service time is exponential at a queue-dependent rate. We investigate a strategy of ( s , Q ) type control for commodity-I with a random lead time but instantaneous replenishment for commodity-II. If the waiting hall reaches its maximum capacity of N , any arriving primary client may enter an infinite capacity orbit with a specified ratio. For orbiting consumers, the classical retrial policy is used. In a steady-state setting, the joint probability distributions for commodities and the number of demands in the queue and the orbit, are derived. From this, we derive a waiting time analysis and a variety of system performance metrics in the steady-state. Additionally, the physical properties of various performance measures are evaluated using various numerical assumptions associated with diverse stochastic behaviours.

Keywords: classical retrial policy; queue dependent service rate; waiting time analysis; infinite orbit (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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