Economic order quantity for perishables with decreasing willingness to purchase during their life cycle

In an inventory management model for perishables, depletion due to interacting with the demand is of importance, but also, damage to products is a relevant variable. This article considers that demand and sales phenomena do not always go hand-in-hand. The demand process relates to the willingness to...

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Bibliographic Details
Main Authors: Ronald David Suárez Díaz, Carlos D. Paternina-Arboleda, José Luis Martínez-Flores, Miguel A. Jimenez-Barros
Format: Article
Language:English
Published: Elsevier 2020-01-01
Series:Operations Research Perspectives
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214716019300570