• s.sachithananthan
• c.selvamurugan
• v.ganesan

Abstract: Consider an inventory system in which three machines are operating in series. The mathematical expressions for optimal reserve inventories between the first two machines as well as that between last two machines are derived based on the repair items of the first machine. The truncation point is also a random variable which follows any one of the probability distributions. Numerical values are obtained for optimal reserve inventory for varying holding costs, shortage costs and inter-arrival times between breakdowns and also graphically exhibited.

Key words: Repair time, truncation point, SCBZ property, Leibnitz rule and optimal reserve inventory.

"Model for Optimal Reserve Inventory Between Three Machines in Series with Reference to Repair Time Distribution ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.118-126, June 2019, Available :http://www.jetir.org/papers/JETIR1908480.pdf

"Model for Optimal Reserve Inventory Between Three Machines in Series with Reference to Repair Time Distribution ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp118-126, June 2019, Available at : http://www.jetir.org/papers/JETIR1908480.pdf