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We consider two locations in tandem of an inventory model, so-called the buffer and the store. The content levels in both locations are controlled simultaneously by transferring inventory from the buffer location to the store location. Under a certain cost function that takes into account the...
Persistent link: https://www.econbiz.de/10010999606
We consider two locations in tandem of an inventory model, so-called the buffer and the store. The content levels in both locations are controlled simultaneously by transferring inventory from the buffer location to the store location. Under a certain cost function that takes into account the...
Persistent link: https://www.econbiz.de/10010847555
We present models for inventory systems with perishable commodities (PISs) in which the items are not scrapped after reaching their maximum lifetime but are transferred to a second PIS where they are used to satisfy another random stream of demands. We determine the steady-state distribution of...
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We consider a certain class of perishable inventory systems with items and demands arriving at random times. The shelf lifetime of every item is finite and deterministic. Every demand is for a single item and is satisfied by the oldest item on the shelf, if available. Generalizing previous work,...
Persistent link: https://www.econbiz.de/10010848005