论文信息 - Two-Commodity Inventory System with Individual and Joint Ordering Policies and Renewal Demands

Two-Commodity Inventory System with Individual and Joint Ordering Policies and Renewal Demands

Abstract This article analyzes a two-commodity continuous review inventory system with renewal demands. The ordering policy is a combination of policies namely ordering individual commodities and ordering jointly both commodities. The steady state probability distribution for the joint inventory levels is computed. Various system performance measures in the steady state are derived. The results are illustrated numerically.

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