Abstract
A supply chain is considered that operates in a random environment.The last is described by continuous-time finite irreducible Markov chain. Each state of the environment (the Markov chain) has its own probability of fatal failure as a result of the breakdown of the supply. There are algorithms for calculating the reliability of the chain (a probability of a successful supply) and the distribution function of the successful performance time presented in this paper. The numerical example illustrates the suggested approach.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: 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.