A threshold policy in a Markov-modulated production system with server vacation: The case of continuous and batch supplies

Keyphrases

• Markov Additive Process 100%
• Production System 100%
• Markov-modulated 100%
• Threshold Policy 100%
• Server Vacations 100%
• Numerical Examples 50%
• Cost Functional 50%
• Hitting Time 50%
• Production Cost 50%
• Sensitivity Analysis 50%
• Penalty Cost 50%
• Phase-type Distribution 50%
• Production Process 50%
• Linear Growth Rate 50%
• Process Type 50%
• Explicit Formula 50%
• Multi-dimensional Martingales 50%
• Storage Level 50%
• Continuous Production 50%
• Storage Cost 50%
• Theory of Time 50%
• Setup Cost 50%
• Continuous Inflow 50%
• Flow Production 50%
• Markov-modulated Fluid Flow 50%
• D-policy 50%
• Fluid Type 50%
• Process Pattern 50%
• Supply Processes 50%
• Idle Period 50%
• Busy Period 50%
• Production Model 50%

Mathematics

• Numerical Example 100%
• Functionals 100%
• Hitting Time 100%
• Explicit Formula 100%
• Busy Period 100%
• Idle Period 100%