
Accession Number : AD0699338
Title : STOCHASTIC INVENTORY MODELS WITH BULK DEMAND AND STATEDEPENDENT LEADTIMES,
Corporate Author : RESEARCH ANALYSIS CORP MCLEAN VA
Personal Author(s) : Harris,Carl A. ; Lechner,James A. ; Robers,Philip D. ; Gross,Donald ; Miercort,Frederic A.
Report Date : NOV 1969
Pagination or Media Count : 32
Abstract : The paper describes several oneforone ordering (S  1,S) inventory models in which the time required for order replenishment is state dependent. The demand is assumed to follow a compound Poisson distribution. That portion of the leadtime dealing with the actual filling of orders is assumed to depend on the number of outstanding orders. Several models are investigated. Since the orders placed are assumed to go into a singleserver queue, queuing results are used to obtain the expected inventory costs as a function of S in order to obtain an optimal value of S. (Author)
Descriptors : (*INVENTORY ANALYSIS, *QUEUEING THEORY), REPLACEMENT THEORY, MATHEMATICAL MODELS, STOCHASTIC PROCESSES, COST EFFECTIVENESS
Subject Categories : Operations Research
Distribution Statement : APPROVED FOR PUBLIC RELEASE