Inventory control heuristic for a perishable item under stochastic demand and restricted batch size

Inventory control heuristic for a perishable item under stochastic demand and restricted batch size

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This paper considers a type of inventory problem that deals with perishable item. The problem, which the authors believe has its main application in quick-service systems, such as fast food restaurants and similar systems, assumes that the item has a fixed lifetime and fixed lead time. The productio...

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Bibliographic Details
Published in:Philippine Engineering Journal 38, 2 (2017(D)).
Main Author: Ani, Angelo C.
Other Authors: Martinez, Iris Ann G., Arriola, Claro A. III
Format: Article
Language:English
Subjects:
Perishable items.
Heuristics.
Stochastic inventory model.
Online Access:Also available online for University of the Philippines Diliman. Click here