Article ID: | iaor20001959 |
Country: | Germany |
Volume: | 50 |
Issue: | 1 |
Start Page Number: | 77 |
End Page Number: | 90 |
Publication Date: | Jan 1999 |
Journal: | Mathematical Methods of Operations Research (Heidelberg) |
Authors: | Perry D., Stadje Wolfgang |
Keywords: | deteriorating items |
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.