Perishable inventory systems with impatient demands

David Perry; Wolfgang Stadje

doi:10.1007/s001860050071

Perishable inventory systems with impatient demands

David Perry, Wolfgang Stadje

Department of Statistics

Research output: Contribution to journal › Article › peer-review

Abstract

An inventory system for perishable commodities (PIS) with finite shelf size and finite waiting room for demands is studied; the maximum shelf life and the maximum waiting time of a demand are assumed to be either constant or exponentially distributed, and the arrival rates for items and for demands are state-dependent. We determine the stationary distribution of the system and derive various kinds of cost functionals that are useful to evaluate the efficiency of the PIS.

Original language	English
Pages (from-to)	77-90
Number of pages	14
Journal	Mathematical Methods of Operations Research
Volume	50
Issue number	1
DOIs	https://doi.org/10.1007/s001860050071
State	Published - Aug 1999

ASJC Scopus subject areas

Software
General Mathematics
Management Science and Operations Research

Access to Document

10.1007/s001860050071

Cite this

@article{6aabc43b4fe64734a6e2a8c3b0f9f575,

title = "Perishable inventory systems with impatient demands",

abstract = "An inventory system for perishable commodities (PIS) with finite shelf size and finite waiting room for demands is studied; the maximum shelf life and the maximum waiting time of a demand are assumed to be either constant or exponentially distributed, and the arrival rates for items and for demands are state-dependent. We determine the stationary distribution of the system and derive various kinds of cost functionals that are useful to evaluate the efficiency of the PIS.",

author = "David Perry and Wolfgang Stadje",

year = "1999",

month = aug,

doi = "10.1007/s001860050071",

language = "English",

volume = "50",

pages = "77--90",

journal = "Mathematical Methods of Operations Research",

issn = "1432-2994",

publisher = "Physica-Verlag",

number = "1",

}

TY - JOUR

T1 - Perishable inventory systems with impatient demands

AU - Perry, David

AU - Stadje, Wolfgang

PY - 1999/8

Y1 - 1999/8

N2 - An inventory system for perishable commodities (PIS) with finite shelf size and finite waiting room for demands is studied; the maximum shelf life and the maximum waiting time of a demand are assumed to be either constant or exponentially distributed, and the arrival rates for items and for demands are state-dependent. We determine the stationary distribution of the system and derive various kinds of cost functionals that are useful to evaluate the efficiency of the PIS.

AB - An inventory system for perishable commodities (PIS) with finite shelf size and finite waiting room for demands is studied; the maximum shelf life and the maximum waiting time of a demand are assumed to be either constant or exponentially distributed, and the arrival rates for items and for demands are state-dependent. We determine the stationary distribution of the system and derive various kinds of cost functionals that are useful to evaluate the efficiency of the PIS.

UR - http://www.scopus.com/inward/record.url?scp=0032595273&partnerID=8YFLogxK

U2 - 10.1007/s001860050071

DO - 10.1007/s001860050071

M3 - Article

AN - SCOPUS:0032595273

SN - 1432-2994

VL - 50

SP - 77

EP - 90

JO - Mathematical Methods of Operations Research

JF - Mathematical Methods of Operations Research

IS - 1

ER -

Perishable inventory systems with impatient demands

Abstract

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this