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- W2051258953 abstract "A periodic review multicomponent inventory system operating under a $(sigma ,S)$ policy is considered. Demands for the commodities in each period are independent of one another and have Erlang distributions. Only when the weighted sum of the end-of-period inventory of the n commodities is less than or equal to a certain critical quantity is any restocking indicated. In the restocking process, the inventory level of the ith commodity $(i = 1,2, cdots ,n)$, is brought up to $S_i (S_i > 0)$. The analysis provides for the computation of $mathcal{S}_i $ which is the steady state probability of encountering a shortage in commodity i. Simple numerical examples are provided. For a more complicated set of conditions the results of a computer program are presented." @default.
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- W2051258953 date "1980-02-01" @default.
- W2051258953 modified "2023-10-14" @default.
- W2051258953 title "Probability of Shortage for Erlang Distributed Demand in a $(sigma ,S)$ Inventory Problem" @default.
- W2051258953 doi "https://doi.org/10.1137/0138013" @default.
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