English

Replenishment Cost of a Storage System Modelled through a Defective Renewal Equation

Probability 2021-10-06 v1

Abstract

A storage system where a k units stock is replaced instantaneously, when required,is presented in this work. It is also supposed a Poisson demand. It is proved that the storage system replenishment cost expected present value function fulfills a defective renewal equation, being proposed for it an asymptotic expression.

Keywords

Cite

@article{arxiv.2110.01987,
  title  = {Replenishment Cost of a Storage System Modelled through a Defective Renewal Equation},
  author = {Manuel Alberto M. Ferreira},
  journal= {arXiv preprint arXiv:2110.01987},
  year   = {2021}
}

Comments

5 pages and no figures