Technical Note—Average Costs in a Continuous Review (s,S) Inventory System with Exponentially Distributed Lead Time
J. Wijngaard, E. G. F. Van Winkel
Operations Research · 1979 · Volume 27 · Issue 2
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.
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