Inventory Management System with On/Off Control of Input Product Flow
Compound Poisson demand process with hyperexponential, Phase-type and arbitrary batch sizes distributions,
On/Off control of piecewise-constant rate of input product flow.
Stationary distribution explicit expressions of inventory level accumulated in the system are obtained in this paper with hyperexponential and Phase-type distributions of demands purchases values. Fourier transform of the stationary probability density function is also determinated here in case of arbitrary distribution of demands purchases values. The results obtained in this paper are shown with illustrative numerical examples.
KeywordsMathematical model Inventory management On/Off control Hyperexponential distribution PH-distribution Arbitrary distribution
The publication was financially supported by the Ministry of Education and Science of the Russian Federation (the Agreement number 02.a03.21.0008).
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