A stochastic inventory system with two modes of service and retrial of customers
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DOI: 10.1007/s12597-017-0322-9
Abstract: This paper analyses an inventory model with positive service time and retrial of customers. The customers arrive according to a Markovian Arrival Process with representation ($$D_{0} ,D_{1}$$D0,D1). The service times are assumed to be of… read more here.
Keywords: retrial customers; inventory system; stochastic inventory; service ... See more keywords
A fuzzy integrated inventory system with end of life treatment: a possibility in sports industry
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DOI: 10.1007/s12597-020-00492-3
Abstract: An integrated inventory system has different sources which are uncertain in nature thus rendering the system and its outcome with a high uncertainty. Thus, implementing fuzzy reasoning in inventory modelling is essential to manage uncertainties.… read more here.
Keywords: system; end life; inventory system; life treatment ... See more keywords
Joint inventory control and pricing in a service-inventory system
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DOI: 10.1016/j.ijpe.2017.07.008
Abstract: Abstract This study addresses joint inventory control and pricing decisions for a service-inventory system. In such a system both an on-hand inventory item and a positive service time are required to fulfill customer demands. The… read more here.
Keywords: service inventory; inventory system; inventory; service ... See more keywords
An efficient and reliable chemical inventory system at a growing drug discovery company.
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DOI: 10.1016/j.slast.2021.11.002
Abstract: Within a growing drug discovery company, hundreds of scientists take and move reagent chemicals on a daily basis. Conveniently updating the locations of tens of thousands of chemical containers in an electronic system is a… read more here.
Keywords: system; growing drug; discovery company; chemical ... See more keywords
Rationing policies in a spare parts inventory system with customers differentiation
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DOI: 10.1080/00207543.2020.1811418
Abstract: We consider a spare parts inventory system controlled by a base-stock policy. We assume several demand classes, where the demands of each class follow a compound Poisson process, and a stochastic replenishment lead-time common to… read more here.
Keywords: spare parts; policy; inventory system; parts inventory ... See more keywords
To change or not to change the lead time in a dynamic order-up-to inventory system?
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DOI: 10.1080/01605682.2024.2444409
Abstract: Abstract The lead time in an inventory system has an impact on inventory holding and shortage costs as well as on the purchase or production costs. Usually, shorter lead times result in lower inventory costs… read more here.
Keywords: inventory; inventory system; lead time; change ... See more keywords
Parametric demand learning with limited price explorations in a backlog stochastic inventory system
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DOI: 10.1080/24725854.2018.1538594
Abstract: Abstract We study a multi-period stochastic inventory system with backlogs. Demand in each period is random and price sensitive, but the firm has little or no prior knowledge about the demand distribution and how each… read more here.
Keywords: price; inventory system; stochastic inventory; demand ... See more keywords
The MAP/PH/N/∞ Queueing-Inventory System With Demands From a Random Environment
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DOI: 10.1109/access.2022.3170065
Abstract: This study investigates a multi-server queueing-inventory system in a random environment. The system has an unlimited waiting space and an inventory capacity of $S$ units. The customer arrives at the system according to the Markovian… read more here.
Keywords: system; inventory; random environment; queueing inventory ... See more keywords
Neutrosophic Cost Pattern of Inventory System with Novel Demand Incorporating Deterioration and Discount on Defective Items Using Particle Swarm Algorithm
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DOI: 10.1155/2022/7683417
Abstract: The potential to obtain defective or damaged items with non-defective commodities is common to experience at the production unit or when shipping products from one layer to another. This research focuses on the faulty things… read more here.
Keywords: cost pattern; inventory; inventory system; defective items ... See more keywords
Creating an Affordable, User-Friendly Electronic Inventory System for Lab Samples
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DOI: 10.1177/2472630320973594
Abstract: Sharing physical laboratory space optimizes resource use among research departments, improves collaboration, and reduces costs. Universal inventory management is essential to successful space sharing, item tracking and availability, and data mining; therefore, our lab was… read more here.
Keywords: inventory system; creating affordable; affordable user; user friendly ... See more keywords
A single product perishable inventory system with compulsory waiting period for reordering and with stochastic lead-time
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DOI: 10.1504/ejie.2018.10015672
Abstract: A continuous review of single product perishable stochastic inventory system is considered in which a reorder can be placed only after the expiry of a compulsory waiting period (CWP) even if the inventory position of… read more here.
Keywords: system; single product; compulsory waiting; inventory system ... See more keywords