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- W2741154628 abstract "Proper planning of inventory size is an attempt to increase probability in any production industry or marketing organization. When the arrangement and functioning of machines in a factory forms a series system, then the determination of the optimal size of semi finished products between machines in series becomes imperative. In this paper the determination of the optimal reserve inventory between two machines 1 M and 2 M in series is discussed. It is assumed that the repair time of 1 M is considered as a random variable and its distribution undergoes a change after a particular value of the random variable which otherwise is called the truncation point. Numerical illustrations are also given." @default.
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- W2741154628 date "2012-01-01" @default.
- W2741154628 modified "2023-09-27" @default.
- W2741154628 title "Determination of Optimal Reserve between Two Machines in Series with Truncation Point in Repair Time Distribution" @default.
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