Perishable Inventory Systems

2011
ISBN: 978-1-4419-7998-8
Verlag: Springer US

Buch, Englisch, Band 160, 80 Seiten, HC gerader Rücken kaschiert, Format (B × H): 160 mm x 241 mm, Gewicht: 313 g

Reihe: International Series in Operations Research & Management Science

A perishable item is one that has constant utility up until an expiration date (which may be known or uncertain), at which point the utility drops to zero. This includes many types of packaged foods such as milk, cheese, processed meats, and canned goods. It also includes virtually all pharmaceuticals and photographic film, as well as whole blood supplies. This book is the first devoted solely to perishable inventory systems.

The book’s ten chapters first cover the preliminaries of periodic review versus continuous review and look at a one-period newsvendor perishable inventory model.  The author moves to the basic multiperiod dynamic model, and then considers the extensions of random lifetime, inclusion of a set-up cost, and multiproduct models of perishables.  A chapter on continuous review models looks at one-for-one policies, models with zero lead time, optimal policies with positive lead time, and an alternative approach. 

Additional chapters present material on approximate order policies, inventory depletion management, and deterministic models, including the basic EOQ model with perishability and the dynamic deterministic model with perishability. Finally, chapters explore decaying inventories, queues with impatient customers, and blood bank inventory control.

Anyone researching perishable inventory systems will find much to work with here.  Practitioners and consultants will also now have a single well-referenced source of up-to-date information to work with.

Zielgruppe

Professional/practitioner

Autoren/Hrsg.

Nahmias, Steven

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensforschung
• Mathematik | Informatik Mathematik Operations Research

Inhaltsverzeichnis

Chapter 1. Preliminaries.- Chapter 2. The Basic Multiperiod Dynamic Model.- Chapter 3. Extensions of the Basic Multiperiod Dynamic Model.- Chapter 4. Continuous Review Perishable Inventory Models.- Chapter 5. Approximate Order Policies.- Chapter 6. Inventory Depletion Management.- Chapter 7. Deterministic Models.- Chapter 8. Decaying Inventories.- Chapter 9. Queues with Impatient Customers.- Chapter 10. Blood Bank Inventory Control.- Afterward.