International Series in Operations Research & Management Science

Perishable Inventory Systems

Authors: Nahmias, Steven

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  • First book devoted solely to perishable inventory systems
  • Reviews all existing research and models
  • Important springboard for new research
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eBook $109.00
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  • ISBN 978-1-4419-7999-5
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Hardcover $139.99
price for USA in USD
  • ISBN 978-1-4419-7998-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
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  • ISBN 978-1-4614-2883-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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. 

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.

Table of contents (11 chapters)

Table of contents (11 chapters)

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-1-4419-7999-5
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-1-4419-7998-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
price for USA in USD
  • ISBN 978-1-4614-2883-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Perishable Inventory Systems
Authors
Series Title
International Series in Operations Research & Management Science
Series Volume
160
Copyright
2011
Publisher
Springer US
Copyright Holder
Springer Science+Business Media, LLC
eBook ISBN
978-1-4419-7999-5
DOI
10.1007/978-1-4419-7999-5
Hardcover ISBN
978-1-4419-7998-8
Softcover ISBN
978-1-4614-2883-1
Series ISSN
0884-8289
Edition Number
1
Number of Pages
XII, 80
Topics