Inventory control. A problem in stocking perishable goods

1960 ◽  
Vol 39 (4) ◽  
pp. 210 ◽  
Author(s):  
Samuel Eilon
Keyword(s):  
Inventory Control ◽  
Perishable Goods

scholarly journals Decay Management Model for Perishable Goods

2019 ◽  
Vol 9 (1S5) ◽  
pp. 203-205
Keyword(s):  
Experimental Investigation ◽  
Energy Level ◽  
Inventory Control ◽  
Inventory Management ◽  
Exponential Decay ◽  
Management Model ◽  
Perishable Goods ◽  
Rate Of Decay ◽  
Better Than ◽  
Linear Decay

Inventory management becomes a challenge when it comes to perishable goods. In practice managing perishable goodsis a difficult task worldwide.Improvement of inventory control of perishable goods depends on the model chosen or implemented. This paper proposes how to improve the profit and to reduce the risk of spoiling the goods with respect to the rate of decay which may be fixed or variable. By considering a specific type of perishable goods this experimental investigation has been done based on linear decay and exponential decay. It has been observed that irrespective of the type of decay, the energy level in forward approach is far better than the back approach of consuming the perishable goods.

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