Journal of the Korean Operations Research and Management Science Society (한국경영과학회지)

The Korean Operations Research and Management Science Society (한국경영과학회)
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The (s, S) Policy for Production/Inventory Systems with Lost Sales

판매기회가 유실되는 생산/재고 시스템에서의 (s, S) 재고정책

  • Published : 1991.06.01
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Abstract

A production/inventory system is considered in which a production facility produces one type of product. The demand for the product is given by a compound Poison process and is supplied directly from inventory when inventory is available and is lost when inventory is out of stock. The processing time to produce one item is assumes to follow a general distribution. An (s, S) policy is considered in which production stops at the instant the stock on hand reachs S and the setup of the production facility begins at an inspection point when the stock on hand drops to or below s for the first time. The time interval between two successive inspection points during a non-production period is a random variable which follows a general distribution.

Keywords

References

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