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Szekli, Ryszard
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M/M/1 queueing systems with inventory
Schwarz M., Sauer C., Daduna H., Kulik R., Szekli R. Queueing Systems: Theory and Applications 54(1): 55-78, 2006. Type: Article
Running out of inventory creates lost sales on one side, and a potential for losing customers on the other. The former is studied in inventory theory, and the latter in queueing theory. This paper combines both inventory management and...
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Mar 27 2007
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