4.2 Article

An inventory system for perishable items with by-products

Journal

MATHEMATICAL METHODS OF OPERATIONS RESEARCH
Volume 51, Issue 2, Pages 287-300

Publisher

PHYSICA VERLAG GMBH
DOI: 10.1007/s001860050089

Keywords

perishable inventory system; by-product; virtual death process; stationary distribution; modified M/M/1 queue

Ask authors/readers for more resources

We present models for inventory systems with perishable commodities (PISs) in which the items are not scrapped after reaching their maximum lifetime but are transferred to a second PIS where they are used to satisfy another random stream of demands. We determine the steady-state distribution of the virtual death processes in the various models and point out connections to certain queueing and dam models.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.2
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available