On regenerative processes and inventory control

In this paper we discuss a general framework for single item inventory control models. This framework is based on the regenerative structure of these models. Using results from the theory of regenerative processes a unified presentation of those models is presented. Although most of the results are already known for special cost structures this unified presentation yields us the possibility to show that the same techniques can be applied to each instance.

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Year of publication:	1997-01-01
Authors:	Frenk, J.B.G. ; Kleijn, M.J.
Institutions:	Erasmus University Rotterdam, Econometric Institute
Subject:	regenerative processes \| inventory

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Extent:	application/pdf
Series:	Econometric Institute Report. - ISSN 1566-7294.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series RePEc:dgr:eureir Number EI 9741/A
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008584764