An approximation to the continuous review inventory model with perishable items and lead times

DOI10.1016/0377-2217(94)00060-PzbMath0914.90098MaRDI QIDQ1390262

Huan Neng Chiu

Publication date: 14 July 1998

Published in: European Journal of Operational Research (Search for Journal in Brave)

zbMATH Keywords

heuristicsbest \((Q, r)\) ordering policycontinuous review perishable inventory model

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (15)

Determination Of Outdate And Shortage Quantities In The Inventory Problem With Fixed Lifetime ⋮ A note on defective units in an inventory model with sub-lot sampling inspection for variable lead-time demand with the mixture of free distributions ⋮ Computational algorithmic procedure for optimal inventory policy involving ordering cost reduction and back-order discounts when lead time demand is controllable ⋮ An EOQ model for perishable products with fixed shelf life under stochastic demand conditions ⋮ Computational algorithmic procedure of optimal inventory policy involving a negative exponential crashing cost and variable lead time demand ⋮ Limit distribution of inventory level of perishable inventory model ⋮ Analysis of inventory policies for perishable items with fixed leadtimes and lifetimes ⋮ Age-based vs. stock level control policies for a perishable inventory system ⋮ Buyer–vendor coordination for fixed lifetime product with quantity discount under finite production rate ⋮ On the \((Q,r)\) policy for perishables with positive lead times and multiple outstanding orders ⋮ A synergic economic order quantity model with trade credit, shortages, imperfect quality and inspection errors ⋮ A centralized stochastic inventory control model for perishable products considering age-dependent purchase price and lead time ⋮ Optimal inventory policy involving ordering cost reduction, back-order discounts, and variable lead time demand by minimax criterion ⋮ Inventory problems with perishable items: fixed lifetimes and backlogging ⋮ Perishable inventory management and dynamic pricing using RFID technology

Uses Software

• SIMSCRIPT

Cites Work

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• An inventory model for perishable items in a lot-size system with quantity discounts
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• Perishable Inventory Theory: A Review
• A Comparison Of Alternative Approximations For Ordering Perishable Inventory^*
• Optimal Ordering Policies for Perishable Inventory—II
• Optimal Ordering Policy for a Perishable Commodity with Fixed Lifetime
• Analysis of Single Critical Number Ordering Policies for Perishable Inventories
• A Markovian Model for a Perishable Product Inventory
• Higher-Order Approximations for the Perishable-Inventory Problem
• (S − 1, S) Policies for Perishable Inventory

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