N-POILCY FOR (s,S) PERISHABLE INVENTORY SYSTEM WITH POSITIVE LEAD TIME

  • Krishnamoorthy, A. (Department of Mathematics Cochin University of Science and Technology) ;
  • Raju, N. (Department of Statisics university of Calicut(P.O))
  • Published : 1998.03.01

Abstract

(s,S) inventrory system of a perishable item with positive lead times and finite backlogs under N-policy Under this policy as and when the inventory level drops to s-N during a lead time local purchase is made. Three models are con-sidered. The limiting distribution on the inventory level is obtained and an associated cost analysis is made. Results ae numerically illustrated.

Keywords

References

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