The reliability of a single stage production-storage system in meeting a constant known demand is analyzed. This system consists of a production facility subject to stochastic failure and repair processes and a storage facility of fixed capacity. When operable, the production facility is assumed...

This paper concerns a multilocation newsboy problem with normal demand at each location and identical linear holding and penalty cost functions at each location. Consolidation of demand from several facilities is considered, and an expression is derived for the resulting expected holding and...

Inventory systems where leadtimes are stochastic and independent, so that orders are not restricted to arrive in the same sequence in which they were placed, can arise if the vendor with whom orders are placed is unreliable in processing them or if orders for the same item are placed with...

A production line is treated as a series arrangement of k work stations. An unlimited supply of raw production items is available at the first station, and each item passes through all of die stations in sequence. The service time for a single item at station j is assumed to be a random variable...