Olsson, Fredrik; Tydesjö, Patrik - In: European Journal of Operational Research 202 (2010) 1, pp. 131-137
Our model deals with a single-product and a single-stock location with Poisson demand. The replenishment leadtime from the external supplier is fixed. The lifetime of the product is also fixed, and aging is assumed to begin when the order is placed. When the age of a unit has reached its...