Maddah, Bacel; Yassine, Ali A.; Salameh, Moueen K.; … - In: European Journal of Operational Research 232 (2014) 1, pp. 64-71
) reserves in manufacturing. One important aspect under-looked in research is the effect of deterioration, where a reserve stock … balance typical economic costs of ordering, holding, and shortage, as well as additional costs of deterioration and preventive … measures. Our main results are showing that (i) deterioration significantly increases cost (up to 5%) and (ii) a preventive …