An inventory system with both delayed and immediate delivery

An M/G/∞ queue that is cleared whenever the level Q is exceeded plays the role of the outstanding orders process in an inventory system. The stationary version of the process is examined and an interesting property of the variance is illustrated.

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Bibliographic Details
Published in:Advances in applied probability 1983-09, Vol.15 (3), p.691-694
Main Authors: Hovey, Peter W., Purdue, Peter
Format: Article
Language:English
Subjects:
Letters to the Editor
Poisson process
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Summary:An M/G/∞ queue that is cleared whenever the level Q is exceeded plays the role of the outstanding orders process in an inventory system. The stationary version of the process is examined and an interesting property of the variance is illustrated.
ISSN:0001-8678
1475-6064
DOI:10.2307/1426628