An inventory system for perishable items with by-products

Autor(en): Perry, D
Stadje, W 
Stichwörter: by-product; Mathematics; Mathematics, Applied; modified M/M/1 queue; Operations Research & Management Science; perishable inventory system; stationary distribution; virtual death process
Erscheinungsdatum: 2000
Herausgeber: PHYSICA VERLAG GMBH
Journal: MATHEMATICAL METHODS OF OPERATIONS RESEARCH
Volumen: 51
Ausgabe: 2
Startseite: 287
Seitenende: 300
Zusammenfassung: 
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.
ISSN: 14322994
DOI: 10.1007/s001860050089

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