Replenishment Cost of a Storage System Modelled through a Defective Renewal Equation
arXiv:2110.01987
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.
arXiv comment5 pages and no figures