Optimal service rates of a queueing inventory system with finite waiting hall, arbitrary service times and positive lead times.
M. KeerthanaN. SangeethaB. SivakumarPublished in: Ann. Oper. Res. (2023)
Keyphrases
- service rates
- holding cost
- lead time
- queue length
- arrival rate
- service times
- single server
- state dependent
- asymptotically optimal
- single server queue
- heavy traffic
- queueing model
- waiting times
- single item
- steady state
- setup cost
- inventory level
- queueing systems
- poisson process
- periodic review
- supply chain
- expected cost
- single product
- service level
- queueing networks
- lot sizing
- random variables
- total cost
- inventory systems
- stationary distribution
- lost sales
- planning horizon
- stochastic lead times
- long run
- independent and identically distributed
- infinite horizon
- fluid model
- stochastic demand
- call center
- special case
- arrival process
- markov chain
- service systems
- optimal solution
- dynamic programming
- optimal strategy
- average cost
- graphical models
- order quantity
- probability distribution
- optimal policy
- multistage
- lower bound
- finite buffer