Article ID: | iaor1991840 |
Country: | Netherlands |
Volume: | 45 |
Issue: | 2/3 |
Start Page Number: | 260 |
End Page Number: | 264 |
Publication Date: | Apr 1990 |
Journal: | European Journal of Operational Research |
Authors: | Shiue Yih-Chearng |
An inventory model continuous in units and time is developed for perishable items in a lot-size system that allows partially backlogging and partially lost saling. The model is developed under deterministic demand, instantaneous delivery with quantity discounts, and any well-behaved probability distribution for the time to perishables. An example is given to illustrate the model.