Analysis of the effect of various unit costs on the optimal incoming quantity in a perishable inventory model

2004 ◽  
Vol 156 (1) ◽  
pp. 140-147 ◽  
Author(s):  
Craig L. Williams ◽  
B. Eddy Patuwo
2019 ◽  
Vol 133 ◽  
pp. 175-185 ◽  
Author(s):  
Moonsoo Shin ◽  
Hwaseop Lee ◽  
Kwangyeol Ryu ◽  
Yongju Cho ◽  
Young-Jun Son

1991 ◽  
Vol 37 (3) ◽  
pp. 251-266 ◽  
Author(s):  
Raj Jagannathan ◽  
Tarun Sen

2011 ◽  
Vol 2011 ◽  
pp. 1-9 ◽  
Author(s):  
Hailing Dong ◽  
Guochao Jiang

This paper studies a perishable inventory model, which assumes that each perishable item has finite lifetime, and only one item is consumed each time. The lifetimes of perishable items are independent random variables with the general distribution and so are the consumption internal. Under this assumption, by using backward equations and limit distribution of Markov skeleton processes, this paper obtains the existence conditions and the explicit expression of the limit distribution of the inventory level of perishable inventory model.


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