search query: @author Zipkin, P. / total: 18
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| Author: | Zheng, Y. S. Zipkin, P. |
| Title: | A queueing model to analyze the value of centralized inventory information. |
| Journal: | Operations Research
1990 : MAR-APR, VOL. 38:2, p. 296-307 |
| Index terms: | INVENTORY CONTROL QUEUING THEORY |
| Language: | eng |
| Abstract: | Competitive pressures and technological improvements are leading many firms to consider centralized information systems to manage inventories and schedule productions. A simple model is proposed to measure the potential benefits of improved information in terms of reduced inventories and backorders. The model represents two products competing for a single production facility. A queuing system model is formulated and analyzed with a novel priority discipline and means to serve a customer from the class having the largest number of customers in the system. |
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