Open AccessAn Inventory Model with Exogenous Failures
Author(s) -
Israel David,
Avraham Mehrez
Publication year - 1995
Publication title -
operations research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.797
H-Index - 140
eISSN - 1526-5463
pISSN - 0030-364X
DOI - 10.1287/opre.43.5.902
Subject(s) - computer science , operations research , business , operations management , economics , mathematics
This note introduces a model where inventory is repeatedly wiped out due to exogenous failure processes. The difference between this model and perishable inventory models is pinpointed by two sample examples. Relevant applications are also mentioned.
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