An inventory system for perishable items with by-products

An inventory system for perishable items with by-products

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Article ID: iaor20013196
Country: Germany
Volume: 51
Issue: 2
Start Page Number: 287
End Page Number: 300
Publication Date: Jan 2000
Journal: Mathematical Methods of Operations Research (Heidelberg)
Authors: ,
Keywords: queues: theory
Abstract:

We present models for inventory systems with perishable commodities (PISs) in which the items are not scrapped after reaching their maximum lifetime but are transferred to a second PIS where they are used to satisfy another random stream of demands. We determine the steady-state distribution of the virtual death processes in the various models and point out connections to certain queueing and dam models.

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