A Comparative Analysis of (s, Q) and (s, S) Ordering Policies in a Queuing-Inventory System with Stock-Dependent Arrival and queue-dependent service process

• Autorzy: Chandrasekara Sugapriya , Murugesan Nithya , Kathirvel Jeganathan , Subramanian Selvakumar , Thanushkodi Harikrishnan
• Języki publikacji: EN

Abstrakty

EN

This article deals with a Markovian queuing-inventory system (MQIS) under the stochastic modeling technique. The arrival stream of this system is dependent on the present stock level at an instant. Meanwhile, the system focuses on reducing the waiting time of a unit by assuming a queue-dependent service policy (QDSP). The system consists of an infinite waiting hall to receive an arriving unit. The MQIS assumes that no unit of arrival is allowed when the stock level of the system is empty. The discussion of this MQIS runs over the two types of ordering principles named 1) (s, Q) 2) (s, S). According to both ordering principles, the assumed arrival and service patterns have been considered separately and classified as Model-I (M-I) and Model-II (M-II) respectively. The steady state of the system for both M-I and M-II is analysed and resolved under the Neuts matrix-geometric technique. The system performance measures of the system are also computed. The expected cost function of both M-I and M-II are constructed as well. Further, the necessary numerical illustrations are provided and distinguished for M-I and M-II to explore the proposed model. This paper finds the optimum ordering policy to execute the stock-dependent arrival and queue-dependent service strategies. (original abstract)

Słowa kluczowe

EN

Stochastic analysis; Stochastic models; Logistics in supply chain; Inventory management

PL

Analiza stochastyczna; Modele stochastyczne; Logistyka w łańcuchu dostaw; Zarządzanie zapasami

• Czasopismo: Operations Research and Decisions
• Rocznik: 2023
• Tom: 33
• Numer: nr 2
• Strony: 121--153

Twórcy

autor

Chandrasekara Sugapriya

• Queen Mary's College, Chennai, India

autor

Murugesan Nithya

• Queen Mary's College, Chennai, India

autor

Kathirvel Jeganathan

• University of Madras, Chennai, India

autor

Subramanian Selvakumar

• University of Madras, Chennai, India

autor

Thanushkodi Harikrishnan

• Guru Nanak College (Autonomous), Chenna, India

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Identyfikatory

DOI

10.37190/ord230207