ASYMPTOTIC RESULTS FOR AN INVENTORY MODEL OF TYPE (s, S) WITH A GENERALIZED BETA INTERFERENCE OF CHANCE
Year: 2011
Type: article
Abstract: In this study, asymptotic expansion for ergodic distribution of an inventory control model of type (s, S) with generalized beta interference of chance is obtained, when S ? s ? ?. Moreover, weak convergence theorem is proved for ergodic distribution. Finally, the accuracy of the asymptotic expansion is examined with Monte Carlo simulation method.
Authors: Tahir Khanıyev, Cihan Aksop
Institutions: TOBB University of Economics and Technology, Gazi University
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2188315874
