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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Manuscript received: May 1999/final version received: November 1999
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Perry, D., Stadje, W. An inventory system for perishable items with by-products. Mathematical Methods of OR 51, 287–300 (2000). https://doi.org/10.1007/s001860050089
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DOI: https://doi.org/10.1007/s001860050089