Journal
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
Volume 134, Issue 1, Pages 1-16Publisher
ELSEVIER SCIENCE BV
DOI: 10.1016/S0377-2217(00)00248-4
Keywords
inventory models; deteriorating items
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This paper presents a review of the advances of deteriorating inventory literature since the early 1990s. The models available in the relevant literature have been suitably classified by the shelf-life characteristic of the inventoried goods. They have further been sub-classified on the basis of demand variations and various other conditions or constraints. The motivations, extensions and generalizations of various models in each sub-class have been discussed in brief to bring out pertinent information regarding model developments in the last decade. (C) 2001 Elsevier Science B.V. All rights reserved.
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