Abstract

We describe a very elementary direct numerical method to find the average number of backorders, costs and related quantities in a continuous review (s, S) inventory system with exponentially distributed lead time. This method can also be used in the study of E/M/C queues with state-dependent service and arrival rates.

Full Text
Published version (Free)

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 call