Critical number ordering policy for LIFO perishable inventory systems
β Scribed by Morris A. Cohen; Gregory P. Prastacos
- Book ID
- 103695581
- Publisher
- Elsevier Science
- Year
- 1981
- Tongue
- English
- Weight
- 700 KB
- Volume
- 8
- Category
- Article
- ISSN
- 0305-0548
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This paper considers the problem of ordering and issuing policies arising in controlling finite-life-time fresh-meat-carcass inventories in supermarkets. A supermarket orders a product, which constitutes a set of sub-products of fixed proportion, from a vendor at the beginning of each time cycle. Af
This article explores ordering policies for inventory systems with three supply modes. This model is particularly interesting because the optimal ordering decision needs to balance the inventory and purchase costs, as well as the costs for earlier and later periods. The latter cost trade-off is pres