Management tools for random demand inventory and supply

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SUMMARY

    The exchange of goods and services is one of the activities that materialize human interactions. The size and number of exchanges are accompanied, among other things, by 1) difficulties in DOI: 10.4236/jamp.2023.113044 Mar. Marketing storable goods are activities whose realization recalls random events and/or processes that can be executed over time. A Markov chain`s states are divided into two categories: transient states, which are only visited an almost finite number of times (p.s.), and recurrent states, which are visited an almost infinite number of times (p.s . . .

     

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