An embedded Markov chain approach to stock rationing under batch orders
| dc.contributor.author | Mehmet Murat Fadiloglu | |
| dc.contributor.author | Onder Bulut | |
| dc.contributor.author | Fadıloğlu, Mehmet Murat | |
| dc.contributor.author | Bulut, Önder | |
| dc.date | MAR | |
| dc.date.accessioned | 2025-10-06T16:20:50Z | |
| dc.date.issued | 2019 | |
| dc.description.abstract | We provide an extension to the embedded Markov chain approach of Fadiloglu and Bulut (2010) for the analysis of lot-per-lot inventory systems with backorders under rationing. This extension generalizes the method so that it can be used for the analysis under (Q R) policy. We introduce a new embedded Markov chain of higher dimensionality that keeps track of the ordering process. We finally provide a recursive procedure to generate the steady-state probabilities from the chain and obtain the steady-state distribution. (C) 2018 Elsevier B.V. All rights reserved. | |
| dc.identifier.doi | 10.1016/j.orl.2018.12.007 | |
| dc.identifier.issn | 0167-6377 | |
| dc.identifier.issn | 1872-7468 | |
| dc.identifier.scopus | 2-s2.0-85060349776 | |
| dc.identifier.uri | http://dx.doi.org/10.1016/j.orl.2018.12.007 | |
| dc.identifier.uri | https://gcris.yasar.edu.tr/handle/123456789/6579 | |
| dc.identifier.uri | https://doi.org/10.1016/j.orl.2018.12.007 | |
| dc.language.iso | English | |
| dc.publisher | ELSEVIER SCIENCE BV | |
| dc.relation.ispartof | Operations Research Letters | |
| dc.rights | info:eu-repo/semantics/closedAccess | |
| dc.source | OPERATIONS RESEARCH LETTERS | |
| dc.subject | Inventory models, Rationing, Batch orders, Embedded Markov chains | |
| dc.subject | INVENTORY, SYSTEM, POLICY | |
| dc.subject | Embedded Markov Chains | |
| dc.subject | Batch Orders | |
| dc.subject | Rationing | |
| dc.subject | Inventory Models | |
| dc.title | An embedded Markov chain approach to stock rationing under batch orders | |
| dc.type | Article | |
| dspace.entity.type | Publication | |
| gdc.author.id | Fadiloglu, Murat/0000-0003-0610-775X | |
| gdc.author.id | Bulut, Önder/0000-0003-1476-6333 | |
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| gdc.description.department | ||
| gdc.description.departmenttemp | [Fadiloglu, Mehmet Murat] Amer Univ Middle East, Dept Ind Engn, Eqaila, Kuwait; [Bulut, Onder] Yasar Univ, Dept Ind Engn, Izmir, Turkey | |
| gdc.description.endpage | 98 | |
| gdc.description.issue | 2 | |
| gdc.description.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | |
| gdc.description.startpage | 92 | |
| gdc.description.volume | 47 | |
| gdc.description.woscitationindex | Science Citation Index Expanded - Social Science Citation Index | |
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| gdc.oaire.keywords | inventory models | |
| gdc.oaire.keywords | rationing | |
| gdc.oaire.keywords | Inventory, storage, reservoirs | |
| gdc.oaire.keywords | batch orders | |
| gdc.oaire.keywords | embedded Markov chains | |
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| gdc.oaire.sciencefields | 0211 other engineering and technologies | |
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| gdc.virtual.author | Bulut, Önder | |
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| person.identifier.orcid | Bulut- Onder/0000-0003-1476-6333, Fadiloglu- Murat/0000-0003-0610-775X | |
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