Two-stage perishable inventory models

Chon Huat Goh; Betsy S. Greenberg; Hirofumi Matsuo

doi:10.1287/mnsc.39.5.633

Two-stage perishable inventory models

Chon Huat Goh, Betsy S. Greenberg, Hirofumi Matsuo

Camden School of Business

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

40 Scopus citations

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.

Original language	English (US)
Pages (from-to)	633-649
Number of pages	17
Journal	Management Science
Volume	39
Issue number	5
DOIs	https://doi.org/10.1287/mnsc.39.5.633
State	Published - 1993

All Science Journal Classification (ASJC) codes

Strategy and Management
Management Science and Operations Research

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10.1287/mnsc.39.5.633

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title = "Two-stage perishable inventory models",

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.",

author = "Goh, {Chon Huat} and Greenberg, {Betsy S.} and Hirofumi Matsuo",

year = "1993",

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AU - Goh, Chon Huat

AU - Greenberg, Betsy S.

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AB - 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.

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EP - 649

JO - Management Science

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Two-stage perishable inventory models

Abstract

All Science Journal Classification (ASJC) codes

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