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Inventory control and regenerative processes: computations

Author

Listed:
  • Bazsa-Oldenkamp, E.M.
  • Frenk, J.B.G.
  • den Iseger, P.

Abstract

This article is a continuation of the paper "Inventory Control and Regenerative processes: Theory" (Bazsa et al.; 1998) and presents closed form expressions for Laplace transforms associated with the cost functions of the classical single item inventory models with indivisible items, a fixed lead time and backlogging. For given instances of these inventory control models these Laplace transforms will be used as input functions in a newly developed Laplace transform inversion algorithm (Iseger; A new method for inverting Laplace transforms; 1998) which yields highly accurate computational results of the associated cost functions.

Suggested Citation

  • Bazsa-Oldenkamp, E.M. & Frenk, J.B.G. & den Iseger, P., 1999. "Inventory control and regenerative processes: computations," Econometric Institute Research Papers EI 9932/A, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    • Handle: RePEc:ems:eureir:1601
    as

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