Abstract
This paper deals with the blood-bank model; namely, an inventory system in which both arrival of items and demand are stochastic and items stored have finite lifetimes. We assume that the arrival and demand processes are independent Poisson processes. We use an analogy with queueing models with impatient customers to obtain some of the important characteristics of the system.
Publisher
Cambridge University Press (CUP)
Subject
Applied Mathematics,Statistics and Probability
Cited by
68 articles.
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