IDEAS home Printed from https://ideas.repec.org/a/igg/joris0/v11y2020i2p36-52.html
   My bibliography  Save this article

Stochastic Inventory System With Different Rates of Production

Author

Listed:
  • Mohammad Ataullah

    (Jahangirnagar University, Bangladesh)

  • Mohammad Ekramol Islam

    (Department of Business Administration, Northern University Bangladesh)

  • Md. Sharif Uddin

    (Jahangirnagar University, Bangladesh)

Abstract

This article analyzes a solitary item stochastic inventory model with two distinctive generation rates where a request pursues Poisson distribution and an item has a limited lifetime which is level dependent. It is expected that the framework be on a foreordained level and the framework is changed over to ON mode from OFF mode with a noteworthy exchanging time with exponential parameter α. During the switching time, no interest will be served, the interest during the exchange time is lost. Here, excesses are permitted and during accumulations, the production rate is higher than that of ordinary generation time. Some framework attributes are shown with time variety.

Suggested Citation

  • Mohammad Ataullah & Mohammad Ekramol Islam & Md. Sharif Uddin, 2020. "Stochastic Inventory System With Different Rates of Production," International Journal of Operations Research and Information Systems (IJORIS), IGI Global, vol. 11(2), pages 36-52, April.
    • Handle: RePEc:igg:joris0:v:11:y:2020:i:2:p:36-52
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJORIS.2020040103
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:igg:joris0:v:11:y:2020:i:2:p:36-52. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.