Extension of a Bernoulli Demand Inventory Model

Author(s):

  • Pritibhushan Sinha (West Bengal, India)
Full PDF
Abstract:
In this article a single-item, continuous monitoring (s, Q) inventory model with probabilistic demand following Bernoulli distribution and probabilistic lead time of order replenishment is considered. The model extends a Bernoulli demand inventory model, available in the literature. We allow a non-zero reordering inventory position. Some properties are shown for the model and a search method is given to find the optimal values of the policy parameters. A numerical experiment is done for the model and some observations are made.
Download full PDF
@article{pritibhushansinha-2010-1328,
  title={Extension of a Bernoulli Demand Inventory Model},
  author={Pritibhushan  Sinha},
  journal={Operations and Supply Chain Management: An International Journal},
  year={2010},
  volume={3},
  number={1},
  pages={30--35},
  doi={10.31387/oscm060035}
}
Pritibhushan  Sinha (2010). Extension of a Bernoulli Demand Inventory Model. Operations and Supply Chain Management: An International Journal, 3(1), 30-35. https://doi.org/10.31387/oscm060035