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http://hdl.handle.net/10071/5693| Author(s): | Figueira, João Ferreira, Manuel Alberto M. |
| Date: | 2004 |
| Title: | A note on the evaluation of a storage system using an elementary renewal equation |
| Pages: | 403-408 |
| Event title: | 3rd International Conference Aplimat |
| Reference: | Figueira, João, & Ferreira, M. A. M. (2004). A note on the evaluation of a storage system using an elementary renewal equation. 3rd International Conference Aplimat (pp. 403-408). Slovak University of Technology. http://hdl.handle.net/10071/5693 |
| Keywords: | Renewal equation Stochastic inventory theory Present value function |
| Abstract: | We consider a storage system where a stock of k units is replaced instantaneously, when needed. A Poisson type stochastic demand is admitted. It is verified that the expected present value function of the replenishment cost of the storage system satisfies a defective renewal equation for which an asymptotic expansion is proposed. |
| Peerreviewed: | Sim |
| Access type: | Open Access |
| Appears in Collections: | DM-CRI - Comunicações a conferências internacionais |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| conferenceObject_hdl5693.pdf | 446,75 kB | Adobe PDF | View/Open |
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