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On the $$\varvec{(Q,r)}$$(Q,r) policy for perishables with positive lead times and multiple outstanding orders

Author

Listed:
  • Emre Berk

    (Bilkent University)

  • Ülkü Gürler

    (Bilkent University)

  • Saeed Poormoaied

    (Bilkent University)

Abstract

We consider an inventory system for perishables with fixed lifetimes, positive replenishment lead times and lost sales in the presence of non-negligible fixed ordering costs. The system is studied under the lotsize reorder level (Q, r) policy. An exact analysis of this system based on the stationary distribution of the remaining lifetime process is provided by Berk and Gürler (Oper Res 56(5):1238–1246, 2008) under the restriction that there is at most one outstanding order at any time ($$r

Suggested Citation

  • Emre Berk & Ülkü Gürler & Saeed Poormoaied, 2020. "On the $$\varvec{(Q,r)}$$(Q,r) policy for perishables with positive lead times and multiple outstanding orders," Annals of Operations Research, Springer, vol. 284(1), pages 81-98, January.
    • Handle: RePEc:spr:annopr:v:284:y:2020:i:1:d:10.1007_s10479-018-3044-3
    DOI: 10.1007/s10479-018-3044-3
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    References listed on IDEAS

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    Cited by:

    1. Saeed Poormoaied, 2022. "Inventory decision in a periodic review inventory model with two complementary products," Annals of Operations Research, Springer, vol. 315(2), pages 1937-1970, August.

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