Effects of Consumer Demand, Product Lifetime, and Substitution Ratio on Perishable Inventory Management
نویسندگان
چکیده
منابع مشابه
Essays on Perishable Inventory Management
My dissertation addresses a number of challenges in perishable inventory management in supply chains, providing both theoretical results and managerial insights. Essay 1: In this essay, we review the literature on supply chain management of perishable products that have a fixed or random lifetime, primarily focusing on challenges introduced by aging of such products. We start with a review of t...
متن کاملTwo substitutable perishable product disaster inventory systems
A disaster inventory system is considered in which two substitutable items are stored for disaster management. In the event of disaster management, a particular product may become stock-out and the situation warrants that a demand for the particular product during its stock-out period may be substituted with another available similar product in the inventory. From the utility point of view, con...
متن کاملInventory control for a perishable product with non-stationary demand and service level constraints
We study the practical production planning problem of a food producer facing a non-stationary erratic demand for a perishable product with a fixed life time. In meeting the uncertain demand, the food producer uses a FIFO issuing policy. The food producer aims at meeting a certain service level at lowest cost. Every production run a set-up cost is incurred. Moreover, the producer has to deal wit...
متن کاملPerishable Inventory Model Having Mixture of Weibull Lifetime and Demand as Function of both Selling Price and Time
In this paper we develop and analyse an inventory model for deteriorating items with mixture of Weibull rate of decay and demand as function of both selling price and time without shortages. Using the differential equations, the instantaneous state of inventory at time„t‟, the amount of deterioration etc. are derived. With suitable cost considerations the total cost function and profit rate fun...
متن کاملPricing Policies for Perishable Products with Demand Substitution
This paper studies optimal pricing policies for a family of substitute perishable products with demand correlation. Potential buyers arrive according to an exogenous stochastic Poisson process. At each demand epoch, the arriving customer observes the set of substitute products for which there is still inventory available together with their corresponding prices. Based on this information, the c...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Sustainability
سال: 2018
ISSN: 2071-1050
DOI: 10.3390/su10051559