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In many computer applications messages of various lengths need to be stored in some storage device. In this paper we examine the problem in which a fixed number of record lengths can be used to store messages. Whenever a message arrives, it is stored in the smallest possible record which is at...
Persistent link: https://www.econbiz.de/10009208447
Inspection policy models describe stochastically failing systems in which failures are detected by inspections only. We develop such an inspection model for a production facility. The model generalizes the recent work of Munford as well as the classical work of Barlow et al. Revenues are accrued...
Persistent link: https://www.econbiz.de/10009208450