Publication:
Stock rationing in an M/E-r/1 multi-class make-to-stock queue with backorders

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dc.contributor.coauthorGayon, Jean-Philippe
dc.contributor.coauthorDe Vericourt, Francis
dc.contributor.departmentDepartment of Industrial Engineering
dc.contributor.kuauthorKaraesmen, Fikri
dc.contributor.schoolcollegeinstituteCollege of Engineering
dc.date.accessioned2024-11-10T00:01:08Z
dc.date.issued2009
dc.description.abstractA model of a single-item make-to-stock production system is presented. The item is demanded by several classes of customers arriving according to Poisson processes with different backorder costs. Item processing times have an Erlang distribution. It is shown that certain structural properties of optimal stock and capacity allocation policies exist for the case where production may be interrupted and restarted. Also, a complete characterization of the optimal policy in the case of uninterrupted production when excess production can be diverted to a salvage market is presented. A heuristic policy is developed and assessed based on the results obtained in the analysis. Finally the value of production status information and the effects of processing time variability are investigated.
dc.description.indexedbyWOS
dc.description.indexedbyScopus
dc.description.issue12
dc.description.openaccessNO
dc.description.publisherscopeInternational
dc.description.sponsoredbyTubitakEuN/A
dc.description.sponsorshipTUBA
dc.description.sponsorshipTUBITAKThe authors thank the two anonymous reviewers and the Associate Editor for their comments leading to an improved exposition of the paper. The authors are also grateful to Yves Dallery and Paul Zipkin for their insightful comments on previous versions of this paper. The research of F. Karaesmen has been partially supported by grants from TUBA and TUBITAK.
dc.description.volume41
dc.identifier.doi10.1080/07408170902800279
dc.identifier.issn0740-817X
dc.identifier.quartileQ1
dc.identifier.scopus2-s2.0-70749122454
dc.identifier.urihttps://doi.org/10.1080/07408170902800279
dc.identifier.urihttps://hdl.handle.net/20.500.14288/15920
dc.identifier.wos271292100006
dc.keywordsInventory rationing
dc.keywordsOptimal control
dc.keywordsQueuing theory
dc.keywordsProduction system
dc.keywordsDemand classes
dc.keywordsLost sales
dc.keywordsInventory
dc.keywordsPolicy
dc.keywordsCapacity
dc.keywordsInformation
dc.language.isoeng
dc.publisherTaylor & Francis
dc.relation.ispartofIIE Transactions
dc.subjectEngineering
dc.subjectIndustrial engineering
dc.subjectOperations research
dc.subjectManagement science
dc.subjectStatistics
dc.subjectProbability
dc.titleStock rationing in an M/E-r/1 multi-class make-to-stock queue with backorders
dc.typeJournal Article
dspace.entity.typePublication
local.contributor.kuauthorKaraesmen, Fikri
local.publication.orgunit1College of Engineering
local.publication.orgunit2Department of Industrial Engineering
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