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An n-unit system provisioned with a single warm standby is investigated. The individual units are subject to repairable failures, while the entire system is subject to a nonrepairable failure at some finite but random time in the future. System performance measures for systems observed over a...
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We consider the optimal pricing problem in a service facility in order to maximize its long-run average profit per unit time. We model the facility as a queueing process that may havefinite or infinite capacity. Customers are admitted into the system if it is not full and if they are willing to...
Persistent link: https://www.econbiz.de/10009475966
In this paper we examine the various effects that workstations and rework loops with identical parallel processors and stochastic processing times have on the performance of a mixed-model production line. Of particular interest are issues related to sequence scrambling. In many production...
Persistent link: https://www.econbiz.de/10011097839
Frequently one has to search within a finite population for a single particular individual or item with a rare characteristic. Whether an item possesses the characteristic can only be determined by close inspection. The availability of additional information about the items in the population...
Persistent link: https://www.econbiz.de/10011117457
This paper studies the inventory system of a retailer who orders his products from two supply sources, a local one that is responsive and reliable, but expensive, and a global one that is low-cost but less reliable. The deliveries from the global source only partially satisfy the quality...
Persistent link: https://www.econbiz.de/10011209373
There remains little consensus about how to define and formulate audit quality. It does not have a consistent definition and operationalization across studies and this has troubled theorists for many years. This study contributes to this discussion by introducing a probability tree model of...
Persistent link: https://www.econbiz.de/10011209409
In sport tournaments in which teams are matched two at a time, it is useful for a variety of reasons to be able to quantify how important a particular game is. The need for such quantitative information has been addressed in the literature by several more or less simple measures of game...
Persistent link: https://www.econbiz.de/10010871156