Abstract
In this paper, we consider a continuous review perishable inventory system in which two types of customers, positive and negative, arrive according to a Markovian arrival process. The life time of an item and the lead time of reorder are exponentially distributed. Demands that occur during stock out period or busy period either enter an orbit of size N or are lost. The orbital demands compete their service with an exponential rate depending on the number of demands in the orbit. The waiting demands in the orbit may renege the system after an exponentially distributed amount of time. The server takes multiple working vacations at zero inventory. The steady state joint probability distribution of the number of customers in the orbit and the inventory level is obtained. Various performance measures and cost analysis are shown with numerical results.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
