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Markov-modulated poisson processes for multi-location inventory problems

Record type: Article

In this paper we consider inventory systems of multi-location. It is common to allow emergency lateral transshipments from local locations to the main depot. Here we propose a new model for the inventory system of consumable items. The inventory system of each location and the main depot is modeled by Markovian queueing networks. The transshipments are modeled by the Markov-Modulated Poisson Process (MMPP) which is a generalization of the Poisson process.

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Citation

Ching, Wai Ki (1997) Markov-modulated poisson processes for multi-location inventory problems International Journal of Production Economics, 53, (2), pp. 217-223. (doi:10.1016/S0925-5273(97)00114-X).

More information

Published date: 1997
Keywords: queueing theory, markov-modulated poisson process, inventory system
Organisations: Operational Research

Identifiers

Local EPrints ID: 29740
URI: http://eprints.soton.ac.uk/id/eprint/29740
ISSN: 0925-5273
PURE UUID: bceb2799-561b-46c3-a20e-a1f262c0b136

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Date deposited: 01 May 2007
Last modified: 17 Jul 2017 15:57

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Contributors

Author: Wai Ki Ching

University divisions


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