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DECOMPOSITION PROPERTY FOR MARKOV-MODULATED QUEUES WITH APPLICATIONS TO WARRANTY MANAGEMENT
Published online by Cambridge University Press: 30 April 2009
Abstract
In this article we study Markov-modulated queues with and without jumps. These queuing models arise naturally in production-inventory systems with and without an external supplier. We show an interesting decomposition property that relates the equilibrium state distributions in these two systems and present an integrated warranty-inventory management model as an application.
- Type
- Research Article
- Information
- Probability in the Engineering and Informational Sciences , Volume 23 , Issue 3 , July 2009 , pp. 433 - 447
- Copyright
- Copyright © Cambridge University Press 2009
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