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This paper investigates the impact of product perishability on the known (r,Q) inventory review policy and the benefits of using Time Temperature integrator technology (TTI) on inventory management. We first formulate an (r,Q) inventory model for perishables having a fixed lifetime. Then, we...
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Research on sustainability performance has considerably enriched operations management literature in recent years. However, work with quantitative models is still scarce. This paper contributes by revisiting classical inventory methods taking sustainability concerns into account. We believe that...
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In this paper, we consider a two-stage supply contract model for advanced reservation of capacity, with payback option at the beginning of the selling season. Between the two decision stages, external information is collected that serves to update the demand forecast and permits to adjust the...
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