Transient Behavior of Large Markovian Multi-Echelon Repairable Item Inventory Systems Using a Truncated State Space Approach,
GEORGE WASHINGTON UNIV WASHINGTON DC DEPT OF OPERATIONS RESEARCH
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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.
- Statistics and Probability