Equilibrium probabilities for a production-inventory system maintained by a control-limit policy |
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Authors: | E. G. Kyriakidis |
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Affiliation: | 1. Department of Statistics, Athens University of Economics and Business, Athens, Greeceekyriak@aueb.gr |
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Abstract: | AbstractIn this paper we consider a manufacturing system in which an input generator supplies at a constant rate a buffer with a raw material and a production unit pulls the raw material from the buffer at a stochastic rate. We consider specific control-limit policies for the maintenance of the production unit. We show that the equilibrium probabilities of the system can be computed exactly when the production unit after a maintenance remains idle until the buffer is filled up. |
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Keywords: | Control-limit policies Equilibrium probabilities Maintenance |
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