Article ID: | iaor19932032 |
Country: | United Kingdom |
Volume: | 20 |
Issue: | 1 |
Start Page Number: | 67 |
End Page Number: | 82 |
Publication Date: | Jan 1993 |
Journal: | Computers and Operations Research |
Authors: | Kim Kisu, Seila Andrew F. |
Keywords: | inventory |
A stochastic clearing system is a stochastic input-output system in which the output occurs periodically in the form of clearing operations that instantaneously clear the total content of the system. In this paper a generalized cost model for the system is assumed in which the cost of clearing the system is