Overview
- First book devoted solely to perishable inventory systems
- Reviews all existing research and models
- Important springboard for new research
- Includes supplementary material: sn.pub/extras
Part of the book series: International Series in Operations Research & Management Science (ISOR, volume 160)
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Table of contents (11 chapters)
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Front Matter
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Back Matter
Keywords
About this book
A perishable item is one that has constant utility up until an expiration date (which may be known or uncertain), at which point the utility drops to zero. This includes many types of packaged foods such as milk, cheese, processed meats, and canned goods. It also includes virtually all pharmaceuticals and photographic film, as well as whole blood supplies. This book is the first devoted solely to perishable inventory systems.
The book’s ten chapters first cover the preliminaries of periodic review versus continuous review and look at a one-period newsvendor perishable inventory model. The author moves to the basic multiperiod dynamic model, and then considers the extensions of random lifetime, inclusion of a set-up cost, and multiproduct models of perishables. A chapter on continuous review models looks at one-for-one policies, models with zero lead time, optimal policies with positive lead time, and an alternative approach.Â
Additional chapters present material on approximate order policies, inventory depletion management, and deterministic models, including the basic EOQ model with perishability and the dynamic deterministic model with perishability. Finally, chapters explore decaying inventories, queues with impatient customers, and blood bank inventory control.
Anyone researching perishable inventory systems will find much to work with here. Practitioners and consultants will also now have a single well-referenced source of up-to-date information to work with.
Authors and Affiliations
Bibliographic Information
Book Title: Perishable Inventory Systems
Authors: Steven Nahmias
Series Title: International Series in Operations Research & Management Science
DOI: https://doi.org/10.1007/978-1-4419-7999-5
Publisher: Springer New York, NY
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: Springer Science+Business Media, LLC 2011
Hardcover ISBN: 978-1-4419-7998-8Published: 30 May 2011
Softcover ISBN: 978-1-4614-2883-1Published: 14 July 2013
eBook ISBN: 978-1-4419-7999-5Published: 17 May 2011
Series ISSN: 0884-8289
Series E-ISSN: 2214-7934
Edition Number: 1
Number of Pages: XII, 80