A MAP/PH/1 Production Inventory Model with Perishable Items and Dependent Retrials
This article studies a perishable inventory system with a production unit. The production process is governed by ( s, S ) policy and it is exponentially distributed. The primary arrival follows Markovian arrival process(MAP) and the service time is phase-type distributed random variable. The invento...
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Veröffentlicht in: | Journal of physics. Conference series 2021-05, Vol.1850 (1), p.12020 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | This article studies a perishable inventory system with a production unit. The production process is governed by (
s, S
) policy and it is exponentially distributed. The primary arrival follows Markovian arrival process(MAP) and the service time is phase-type distributed random variable. The inventoried items are subject to decay exponentially with a linear rate. A newly arriving customer realizes that system is running out of stock or server busy either moves to infinite waiting space with a pre-assigned probability or exit system with complementary probability. Customers in the waiting space make retrials to access the free server at a linear rate. If the system is running out of stock or the server is busy upon retrial, customers go back to orbit with different pre-defined probabilities according to the level of inventory or exit the system with corresponding complementary probabilities. The system is analysed using Matrix Analytic Method(MAM) and the findings are numerically illustrated. |
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ISSN: | 1742-6588 1742-6596 |
DOI: | 10.1088/1742-6596/1850/1/012020 |