Mathematics (Jun 2022)

Markovian Demands on Two Commodity Inventory System with Queue-Dependent Services and an Optional Retrial Facility

  • K. Jeganathan,
  • M. Abdul Reiyas,
  • S. Selvakumar,
  • N. Anbazhagan,
  • S. Amutha,
  • Gyanendra Prasad Joshi,
  • Duckjoong Jeon,
  • Changho Seo

DOI
https://doi.org/10.3390/math10122046
Journal volume & issue
Vol. 10, no. 12
p. 2046

Abstract

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The use of a Markovian inventory system is a critical part of inventory management. The purpose of this study is to examine the demand for two commodities in a Markovian inventory system, one of which is designated as a major item (Commodity-I) and the other as a complimentary item (Commodity-II). Demand arrives according to a Poisson process, and service time is exponential at a queue-dependent rate. We investigate a strategy of (s,Q) type control for commodity-I with a random lead time but instantaneous replenishment for commodity-II. If the waiting hall reaches its maximum capacity of N, any arriving primary client may enter an infinite capacity orbit with a specified ratio. For orbiting consumers, the classical retrial policy is used. In a steady-state setting, the joint probability distributions for commodities and the number of demands in the queue and the orbit, are derived. From this, we derive a waiting time analysis and a variety of system performance metrics in the steady-state. Additionally, the physical properties of various performance measures are evaluated using various numerical assumptions associated with diverse stochastic behaviours.

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