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An optimal decision model for disposal of perishable inventories

 

作者: G. E. MARTTN,  

 

期刊: International Journal of Production Research  (Taylor Available online 1986)
卷期: Volume 24, issue 1  

页码: 73-79

 

ISSN:0020-7543

 

年代: 1986

 

DOI:10.1080/00207548608919713

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

A decision model is presented for optimally timing the disposal of perishable inventories under conditions of fixed lifetime perishability and stochastic demand. The method has the important feature of keying on expected remaining time until item demand occurs, instead of on inventory levels. In addition, the decision process is independent of the stock replenishment policy and of profit contribution, salvage value, and inventory holding cost estimates. Disposal probabilities for fresh items subject to Poisson demand are derived.

 

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