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Bilkent University Lecture Series

Regenerative Inventory Systems

Operating Characteristics and Optimization

Authors: Sahin, Izzet

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About this book

This is a renewal-theoretic analysis of a class of single-item (s, S) inventory systems. Included, in a unified exposition, are both con­ tinuous and periodic review systems under fairly general random de­ mand processes. The monograph is complete in the sense that it starts from the derivation of the time dependent and stationary dis­ tributions of basic stochastic processes related to these systems and concludes with the construction and testing of simple, distribution­ free approximations for optimal control policies. However, it is rather incomplete as an account of single-item inventory systems in that it narrowly focuses on systems with full backlogging of unfilled demand and constant lead times, through what has come to be known as stationary analysis. The level is intermediate, and the style is informal. Some prior knowledge of probability theory and inventory control is assumed on the part of the reader. Given these, the monograph is self-contained. Extensive use is made ofrenewal-theoretic concepts and results; these are reviewed in Chapter 2.

Table of contents (6 chapters)

Buy this book

eBook $84.99
price for USA in USD (gross)
  • ISBN 978-1-4757-4254-1
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $109.99
price for USA in USD
  • ISBN 978-1-4757-4256-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Regenerative Inventory Systems
Book Subtitle
Operating Characteristics and Optimization
Authors
Series Title
Bilkent University Lecture Series
Copyright
1990
Publisher
Springer-Verlag New York
Copyright Holder
Springer Science+Business Media New York
Distribution Rights
Distribution rights for Turkey: Bilkent University, Turkey
eBook ISBN
978-1-4757-4254-1
DOI
10.1007/978-1-4757-4254-1
Softcover ISBN
978-1-4757-4256-5
Series ISSN
1431-0848
Edition Number
1
Number of Pages
X, 175
Additional Information
Jointly published with Bilkent University, Turkey
Topics