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Transient behavior of large Markovian multiechelon repairable item inventory systems using a truncated state space approach
Author(s) -
Gross Donald,
Kioussis Leonidas C.,
Miller Douglas R.
Publication year - 1987
Publication title -
naval research logistics (nrl)
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.665
H-Index - 68
eISSN - 1520-6750
pISSN - 0894-069X
DOI - 10.1002/1520-6750(198704)34:2<173::aid-nav3220340204>3.0.co;2-2
Subject(s) - state space , transient (computer programming) , markov process , computer science , mathematical optimization , space (punctuation) , finite state , state (computer science) , markov chain , mathematics , algorithm , statistics , machine learning , operating system
Abstract Calculations for large Markovian finite source, finite repair capacity two‐echelon repairable item inventory models are shown to be feasible using the randomization technique and a truncated state space approach. More complex models (involving transportation pipelines, multiple‐item types and additional echelon levels) are also considered.