Two probabilistic models for solving an oxygen-bottle inventory problem

Two probabilistic models for solving an oxygen-bottle inventory problem

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Article ID: iaor199058
Country: United Kingdom
Volume: 40
Issue: 11
Start Page Number: 961
End Page Number: 969
Publication Date: Nov 1989
Journal: Journal of the Operational Research Society
Authors:
Keywords: programming: goal, queues: theory
Abstract:

In this paper, an inventory oxygen-bottles problem is formulated as (i) an (M/M/C):(GD/N/•) queueing model with different service rates; (ii) a probabilistic goal programming (PGP) model. By using the first model, the optimum required rate for oxygen bottles to be stored is determined. By using the second model, the decision-maker can determine his policy, which minimizes the total cost. Finally, a case study of the storage of oxygen bottles for the Egyptian Air Force (1980-1984) is presented.

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