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- Title
Two-stage Perishable Inventory Models.
- Authors
Goh, Chon-Huat; Greenberg, Betsy S.; Matsuo, Hirofumi
- Abstract
In this paper we consider perishable inventory systems with two types of demand. Demand may be for either fresh items or for somewhat older items. We model the system with two inventory stages. The first stage holds fresh items and the second stage holds the older items. We approximate the performance of the two-stage inventory system and compare two managerial policies.
- Subjects
INVENTORY control; ECONOMIC demand; INDUSTRIAL management; PRODUCTION control; BUSINESS logistics; PERISHABLE goods; BULK queues; INVENTORY management systems; SUPPLY chains; MATERIALS management
- Publication
Management Science, 1993, Vol 39, Issue 5, p633
- ISSN
0025-1909
- Publication type
Article
- DOI
10.1287/mnsc.39.5.633