A make-to-stock production/inventory model with MAP arrivals and phase-type demands

Keyphrases

• Production Inventory Model 100%
• Backlog 100%
• MAP Arrival 100%
• Make-to-order Production 100%
• Phase Coding 100%
• Storage Capacity 66%
• Cost Functional 33%
• Shortage Cost 33%
• Holding Cost 33%
• Fluid Flow 33%
• Phase-type Distribution 33%
• Random Environment 33%
• Average Criterion 33%
• Continuous-time Markov Chain 33%
• Production Process 33%
• State of the Environment 33%
• Markov Additive Process 33%
• Flow Method 33%
• Production Rate 33%
• Explicit Formula 33%
• Multi-dimensional Martingales 33%
• Lost Production 33%
• Quantity of Interest 33%
• Unsatisfied Demand 33%
• Arrival Process 33%
• Optional Sampling 33%

Mathematics

• Inventory Model 100%
• Functionals 50%
• Closed Form 50%
• Continuous Time Markov Chain 50%
• Arrival Process 50%
• Explicit Formula 50%