Two inventories A and B with maximum capacity S and with perishable items are considered. Inter occurrence times of demands and the lead time for order are random variables. Whenever the inventory level falls to s from S, order is made for S - s units to fill up inventories A or B or both as the case may be. Inventory level probabilities are presented for exponential distribution. Numerical examples are also presented.
S. Murthy and R. Ramanarayanan . Two (s, S) Inventories with Perishable Units.
DOI: https://doi.org/10.36478/jmmstat.2008.102.108
URL: https://www.makhillpublications.co/view-article/1994-5388/jmmstat.2008.102.108