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KCI 등재 SCOPUS
Optimal Restocking Policy of an Inventory with Constant Demand
( Jeong Jin Ki ) , ( Kyung Eun Lim ) , ( Eui Yong Lee )
UCI I410-ECN-0102-2009-310-002303454
* 발행 기관의 요청으로 이용이 불가한 자료입니다.

In this paper, a model for an inventory whose stock decreases with time is considered. When a deliveryman arrives, if the level of the inventory exceeds a threshold α, no stock is delivered, otherwise a delivery is made. It is assumed that the size of a delivery is a random variable Υ which is exponentially distributed. After assigning various costs to the model, we calculate the long-run average cost and show that there exist unique value of arrival rate of deliveryman α, unique value of threshold α and unique value of average delivery m which minimize the long-run average cost.

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