Residential Collegefalse
Status已發表Published
Continuous review perishable inventory systems: models and heuristics
Zhaotong Lian1; Liming Liu2
2001
Source PublicationIIE Transactions
ABS Journal Level3
ISSN0740-817X
Volume33Issue:9Pages:809-822
Abstract

We consider continuous review perishable inventory models with renewal batch demands. Assuming zero lead time, we construct an embedded Markov chain. With a probabilistic approach, we derive a closed-form long run average cost function under the (s,S) replenishment policy. Numerical analysis is then used to identify the properties of the cost function and to demonstrate the impacts of changing batch sizes and other system parameters. Based on these results, a heuristic approach to handle problems with positive lead times is proposed. The performance of the heuristics against simulation results demonstrates its effectiveness and accuracy.

KeywordMechanical Engineer Cost Function Markov Chain System Parameter Lead Time
DOI10.1023/A:1010958218975
Indexed BySCIE ; SSCI
Language英語English
WOS Research AreaEngineering ; Operations Research & Management Science
WOS SubjectEngineering, Industrial ; Operations Research & Management Science
WOS IDWOS:000168733200009
PublisherKLUWER ACADEMIC PUBL, SPUIBOULEVARD 50, PO BOX 17, 3300 AA DORDRECHT, NETHERLANDS
Scopus ID2-s2.0-0035452599
Fulltext Access
Citation statistics
Document TypeJournal article
CollectionDEPARTMENT OF ACCOUNTING AND INFORMATION MANAGEMENT
University of Macau
Corresponding AuthorZhaotong Lian
Affiliation1.University of Massachusetts
2.Hong Kong University of Science and Technology
Recommended Citation
GB/T 7714
Zhaotong Lian,Liming Liu. Continuous review perishable inventory systems: models and heuristics[J]. IIE Transactions, 2001, 33(9), 809-822.
APA Zhaotong Lian., & Liming Liu (2001). Continuous review perishable inventory systems: models and heuristics. IIE Transactions, 33(9), 809-822.
MLA Zhaotong Lian,et al."Continuous review perishable inventory systems: models and heuristics".IIE Transactions 33.9(2001):809-822.
Files in This Item:
There are no files associated with this item.
Related Services
Recommend this item
Bookmark
Usage statistics
Export to Endnote
Google Scholar
Similar articles in Google Scholar
[Zhaotong Lian]'s Articles
[Liming Liu]'s Articles
Baidu academic
Similar articles in Baidu academic
[Zhaotong Lian]'s Articles
[Liming Liu]'s Articles
Bing Scholar
Similar articles in Bing Scholar
[Zhaotong Lian]'s Articles
[Liming Liu]'s Articles
Terms of Use
No data!
Social Bookmark/Share
All comments (0)
No comment.
 

Items in the repository are protected by copyright, with all rights reserved, unless otherwise indicated.