Markov Decision Processes in Service Facilities Holding Perishable Inventory (Record no. 90367)

MARC details
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fixed length control field 01673naa a2200169 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 160926b xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Kumar, R.Satheesh
245 ## - TITLE STATEMENT
Title Markov Decision Processes in Service Facilities Holding Perishable Inventory
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc
Name of publisher, distributor, etc
Date of publication, distribution, etc
300 ## - PHYSICAL DESCRIPTION
Extent 49(4) Oct-Dec 2012, 348-365p.
520 ## - Remark
Summary, etc In this article, we consider a single server queueing system with finite waiting space N (including one customer in service) and an inventory is attached with the maximum capacity S. The arrival of customer at the system is according to independent Poisson Processes with rate λ through a single channel. The service time is exponentially distributed with mean 1/μ and the item in stock has exponential life time with perishable rate γ(>0). When we place the order due to the demand of the customers, we assume that the lead time of procurement of item is exponentially distributed with parameter δ. Our object is to make a decision at each state of the system to operate the server by minimizing the entire service cost. The problem is modelled as a Markov decision problem by using the value iteration algorithm to obtain the minimal average cost of the service. The unique equilibrium probability distributions {p(q, i)} is also obtained by using Matrix geometric form in which the two dimensional state space contains infinite queue length and finite capacity of inventory. Numerical examples are provided to obtain the optimal average cost.<br/><br/>
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Services Facility System
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Positive lead Time
773 0# - HOST ITEM ENTRY
Place, publisher, and date of publication
Other item identifier B-2508
Title BV- Opsearch (Jan - Dec 2012)
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
a General Management
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Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Programme Barcode Date last seen Koha item type Collection Type Subject type
    Dewey Decimal Classification     Main Library Main Library 26/09/2016   AR16022 26/09/2016 Articles Indian Book General Management

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