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Perishable inventory systems with impatient demands

Author

Listed:
  • David Perry
  • Wolfgang Stadje

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. Copyright Springer-Verlag Berlin Heidelberg 1999

Suggested Citation

  • David Perry & Wolfgang Stadje, 1999. "Perishable inventory systems with impatient demands," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 50(1), pages 77-90, August.
    • Handle: RePEc:spr:mathme:v:50:y:1999:i:1:p:77-90
    DOI: 10.1007/PL00020928
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    Citations

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    Cited by:

    1. Gideon Weiss, 2020. "Directed FCFS infinite bipartite matching," Queueing Systems: Theory and Applications, Springer, vol. 96(3), pages 387-418, December.
    2. Awi Federgruen & Min Wang, 2015. "Inventory Models with Shelf-Age and Delay-Dependent Inventory Costs," Operations Research, INFORMS, vol. 63(3), pages 701-715, June.
    3. Xin Liu, 2019. "Diffusion approximations for double-ended queues with reneging in heavy traffic," Queueing Systems: Theory and Applications, Springer, vol. 91(1), pages 49-87, February.
    4. Philipp Afèche & Adam Diamant & Joseph Milner, 2014. "Double-Sided Batch Queues with Abandonment: Modeling Crossing Networks," Operations Research, INFORMS, vol. 62(5), pages 1179-1201, October.
    5. Kouki, Chaaben & Jouini, Oualid, 2015. "On the effect of lifetime variability on the performance of inventory systems," International Journal of Production Economics, Elsevier, vol. 167(C), pages 23-34.
    6. Stratos Ioannidis & Oualid Jouini & Angelos Economopoulos & Vassilis Kouikoglou, 2013. "Control policies for single-stage production systems with perishable inventory and customer impatience," Annals of Operations Research, Springer, vol. 209(1), pages 115-138, October.

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