Scientific journal paper
Replenishment cost of a storage system modelled through a defective renewal equation
Manuel Ferreira (Ferreira, M. A. M.);
Journal Title
Acta Scientiae et Intellectus
Year (definitive publication)
2015
Language
English
Country
Azerbaijan
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(Last checked: 2026-04-11 18:28)

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Abstract
A storage system where a k units stock is replaced instantaneously, when required, is presented in this work. It is also supposed a Poisson demand. It is proved that the storage system replenishment cost expected present value function fulfills a defective renewal equation, being proposed for it an asymptotic expression.
Acknowledgements
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Keywords
Stochastic inventory theory,Present value function,Renewal equation
Funding Records
Funding Reference Funding Entity
UID/GES/00315/2013 Fundação para a Ciência e a Tecnologia