3.8 Article

Markov Models of Systems with Demands of Two Types and Different Restocking Policies

Journal

CYBERNETICS AND SYSTEMS ANALYSIS
Volume 54, Issue 6, Pages 900-917

Publisher

SPRINGER
DOI: 10.1007/s10559-018-0093-1

Keywords

queuing-inventory system; restocking policy; demands of different types; calculation method; optimization

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Markov models of queuing-inventory systems with demands of two types are proposed. In these systems, two restocking policies are used: policies with fixed and variable demand size. High-priority demands have no access constraints while low-priority demands are accepted if the total number of demands in the system is less than a given threshold. Methods are developed to calculate performance measures of the systems under study and problems of their optimization are solved. Results of the numerical experiments are shown.

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