Inventory control and regenerative processes: computations
AbstractThis 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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Bibliographic InfoPaper provided by Erasmus University Rotterdam, Econometric Institute in its series Econometric Institute Report with number EI 9932/A.
Date of creation: 15 Sep 1999
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Laplace transform inversion algorithm; single item inventory control models; Laplace transform;
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