UDC 519.21

Stationary distributions in inventory control models

The problem of inventory control for a system operating in a steady state is considered. Order strategy is found, which results in minimal costs of the average expenses of the system. Stationary distribution of the basic Markov process is used while finding it. The parameters that determine the optimal strategy are found in explicit form for the (s, S)-strategy. Refs: 6 titles.

Keywords:

inventory control, (s,S)-strategy, optimal strategy.


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About author(s):

Демченко Ирина Юрьевна, аспирантка Киевского национального университета имени Тараса Шевченко,
e-mail: irinkaa8891@gmail.com