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Inventory control and regenerative processes: computations

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Author Info

  • Bazsa, E.M.
  • Frenk, J.B.G.
  • Iseger, P. den
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    Abstract

    This article is a continuation of the paper "Inventory Control and Regenerative processes: Theory" (Bazsa et al.; 1998) and presents closed form expressions for Laplace transforms associated with the cost functions of the classical single item inventory models withindivisible items, a fixed lead time and backlogging. For given instances of these inventory control models these Laplace transforms will be used as input functions in a newly developed Laplace transform inversion algorithm (Iseger; A new method for inverting Laplace transforms; 1998) which yields highly accurate computational results of the associated cost functions.

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    File URL: http://hdl.handle.net/1765/1601
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    Bibliographic Info

    Paper provided by Erasmus University Rotterdam, Econometric Institute in its series Econometric Institute Report with number EI 9932/A.

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    Date of creation: 15 Sep 1999
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    Handle: RePEc:dgr:eureir:1765001601

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    Web page: http://www.few.eur.nl/few

    Related research

    Keywords: Laplace transform inversion algorithm; single item inventory control models; Laplace transform;

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