Perishable inventory systems with impatient demands

David Perry, Wolfgang Stadje

Research output: Contribution to journalArticlepeer-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 languageEnglish
Pages (from-to)77-90
Number of pages14
JournalMathematical Methods of Operations Research
Volume50
Issue number1
DOIs
StatePublished - Aug 1999

ASJC Scopus subject areas

  • Software
  • Mathematics (all)
  • Management Science and Operations Research

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