2009
DOI: 10.1016/j.cam.2008.03.041
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A perishable inventory system with retrial demands and a finite population

Abstract: Positive lead time Retrial demand Finite population a b s t r a c tIn this article, we consider a continuous review perishable inventory system with a finite number of homogeneous sources of demands. The maximum storage capacity is S. The life time of each items is assumed to be exponential. The operating policy is (s, S) policy, that is, whenever the inventory level drops to s, an order for Q(= S − s) items is placed. The ordered items are received after a random time which is distributed as exponential. We a… Show more

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Cited by 48 publications
(14 citation statements)
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“…En [16] se asume que la demanda se genera en fuentes finitas y el tiempo de vida de cada producto se supone como una función exponencial, como es el caso del modelo de revisión continua de inventario para perecederos, aplicado por [17]. El contexto son las tiendas y supermercados, se busca disminuir costos al minimizar la canti-dad de residuos que se derivan de las pérdidas por fecha de vencimiento.…”
Section: Análisis De Modelos De Inventarios Para Perecederosunclassified
“…En [16] se asume que la demanda se genera en fuentes finitas y el tiempo de vida de cada producto se supone como una función exponencial, como es el caso del modelo de revisión continua de inventario para perecederos, aplicado por [17]. El contexto son las tiendas y supermercados, se busca disminuir costos al minimizar la canti-dad de residuos que se derivan de las pérdidas por fecha de vencimiento.…”
Section: Análisis De Modelos De Inventarios Para Perecederosunclassified
“…Assuming constant decay rate and exponential life times, they applied Markovian renewal technique to get system characteristics. Sivakumar [11] studied a perishable inventory system with retrial demands from finite homogenous sources. They obtained expected number of demands in the orbit and joint probability distribution of inventory level.…”
Section: Introductionmentioning
confidence: 99%
“…In this paper, a single server queueing-inventory system with a finite number of sources is discussed. A continuous review perishable inventory model with finite population was first initiated by Sivakumar [18]. He assumed that the customers arriving at a stock-out period enter into the orbit and they retry after some random time.…”
Section: Introductionmentioning
confidence: 99%