We propose an approximation scheme for two important but difficult single-product inventory systems, specifically, the lost-sales system and the perishable product system. The approach is based on quadratic approximations of cost-to-go functions within the framework of Approximate Dynamic Programming via Linear Programming. We propose heuristics and evaluate their performance against existing h...

An inventory model with 3-variable Weibull distribution demand rate and constant deterioration is developed. The holding cost is constant. Shortages are not allowed. The salient feature of this inventory model is for non-perishable products or deteriorating items. A numerical example has been illustrated using MATLAB to describe the model and the sensitivity analysis of various parameters is ca...

The objective of this model is to investigate the inventory system for perishable items with linear demand pattern where Weibull deterioration is considered. The Economic order quantity is determined for minimizing the average total cost per unit time. The unit production cost is taken to be inversely related to the demand rate. The result is illustrated with numerical example.

Addition of sodium isoascorbate to the formulation for perishable canned comminuted cured meat markedly enhanced the efficacy of nitrite against Clostridium botulinum. This effect was reproducible through a series of three tests. In one test it was found that the initial addition of 50 microgram of sodium nitrite per g plus isoascorbate was as effective as 156 microgram of sodium nitrite per g ...