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Perishable Inventory Theory: A Review

Citations

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Cited by:

  1. J-M Chen & L-T Chen, 2004. "Pricing and lot-sizing for a deteriorating item in a periodic review inventory system with shortages," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(8), pages 892-901, August.
  2. Onur Kaya & Aylin Lelizar Polat, 2017. "Coordinated pricing and inventory decisions for perishable products," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 39(2), pages 589-606, March.
  3. Meet Patel & Uday Venkatadri & Claver Diallo & Ahsan Habib & Amirsalar Malekahmadi, 2023. "An Adaptive Sequential Decision-Making Approach for Perishable Food Procurement, Storage and Distribution Using Hyperconnected Logistics," Sustainability, MDPI, vol. 16(1), pages 1-29, December.
  4. Borga Deniz & Itir Karaesmen & Alan Scheller-Wolf, 2010. "Managing Perishables with Substitution: Inventory Issuance and Replenishment Heuristics," Manufacturing & Service Operations Management, INFORMS, vol. 12(2), pages 319-329, July.
  5. White, Chelsea C. & Cheong, Taesu, 2012. "In-transit perishable product inspection," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(1), pages 310-330.
  6. Haijema, René & van Dijk, Nico & van der Wal, Jan & Smit Sibinga, Cees, 2009. "Blood platelet production with breaks: optimization by SDP and simulation," International Journal of Production Economics, Elsevier, vol. 121(2), pages 464-473, October.
  7. Ravichandran, N., 1995. "Stochastic analysis of a continuous review perishable inventory system with positive lead time and Poisson demand," European Journal of Operational Research, Elsevier, vol. 84(2), pages 444-457, July.
  8. Jihed Jemai & Biswajit Sarkar, 2019. "Optimum Design of a Transportation Scheme for Healthcare Supply Chain Management: The Effect of Energy Consumption," Energies, MDPI, vol. 12(14), pages 1-27, July.
  9. R. Suganya & Lewis Nkenyereye & N. Anbazhagan & S. Amutha & M. Kameswari & Srijana Acharya & Gyanendra Prasad Joshi, 2021. "Perishable Inventory System with N-Policy, MAP Arrivals, and Impatient Customers," Mathematics, MDPI, vol. 9(13), pages 1-15, June.
  10. Opher Baron & Oded Berman & David Perry, 2010. "Continuous review inventory models for perishable items ordered in batches," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 72(2), pages 217-247, October.
  11. Jochen Schlapp & Moritz Fleischmann & Danja Sonntag, 2022. "Inventory timing: How to serve a stochastic season," Production and Operations Management, Production and Operations Management Society, vol. 31(7), pages 2891-2906, July.
  12. Lian, Zhaotong & Liu, Xiaoming & Zhao, Ning, 2009. "A perishable inventory model with Markovian renewal demands," International Journal of Production Economics, Elsevier, vol. 121(1), pages 176-182, September.
  13. Abdel-Kader, Magdy & Luther, Robert, 2008. "The impact of firm characteristics on management accounting practices: A UK-based empirical analysis," The British Accounting Review, Elsevier, vol. 40(1), pages 2-27.
  14. Mascis, Alessandro & Pacciarelli, Dario, 2002. "Job-shop scheduling with blocking and no-wait constraints," European Journal of Operational Research, Elsevier, vol. 143(3), pages 498-517, December.
  15. Awi Federgruen & Min Wang, 2015. "Inventory Models with Shelf-Age and Delay-Dependent Inventory Costs," Operations Research, INFORMS, vol. 63(3), pages 701-715, June.
  16. Lianmin Zhang & Lei Guan & Yong-Hong Kuo & Houcai Shen, 2019. "Push or Pull? Perishable Products with Freshness-Keeping Effort," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 36(01), pages 1-29, February.
  17. Teunter, Ruud H. & Klein Haneveld, Willem K., 2002. "Inventory control of service parts in the final phase," European Journal of Operational Research, Elsevier, vol. 137(3), pages 497-511, March.
  18. Chun, Young H., 2003. "Optimal pricing and ordering policies for perishable commodities," European Journal of Operational Research, Elsevier, vol. 144(1), pages 68-82, January.
  19. Gupta, Diwakar & Gerchak, Yigal, 1995. "Joint product durability and lot sizing models," European Journal of Operational Research, Elsevier, vol. 84(2), pages 371-384, July.
  20. Ana Margarida Araújo & Daniel Santos & Inês Marques & Ana Barbosa-Povoa, 2020. "Blood supply chain: a two-stage approach for tactical and operational planning," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 42(4), pages 1023-1053, December.
  21. Chen, Jing & Dong, Ming & Xu, Lei, 2018. "A perishable product shipment consolidation model considering freshness-keeping effort," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 115(C), pages 56-86.
  22. Jian Yang, 2004. "Production Control in the Face of Storable Raw Material, Random Supply, and an Outside Market," Operations Research, INFORMS, vol. 52(2), pages 293-311, April.
  23. van Donselaar, Karel H. & Broekmeulen, Rob A.C.M., 2012. "Approximations for the relative outdating of perishable products by combining stochastic modeling, simulation and regression modeling," International Journal of Production Economics, Elsevier, vol. 140(2), pages 660-669.
  24. Harish Krishnan & Ralph A. Winter, 2010. "Inventory Dynamics and Supply Chain Coordination," Management Science, INFORMS, vol. 56(1), pages 141-147, January.
  25. David Winkelmann & Matthias Ulrich & Michael Romer & Roland Langrock & Hermann Jahnke, 2022. "Dynamic Stochastic Inventory Management in E-Grocery Retailing," Papers 2205.06572, arXiv.org, revised Apr 2024.
  26. Anna Nagurney & Pritha Dutta, 2019. "Supply chain network competition among blood service organizations: a Generalized Nash Equilibrium framework," Annals of Operations Research, Springer, vol. 275(2), pages 551-586, April.
  27. Liming Liu & Din‐Hua Shi, 1999. "An (s, S) model for inventory with exponential lifetimes and renewal demands," Naval Research Logistics (NRL), John Wiley & Sons, vol. 46(1), pages 39-56, February.
  28. Yanzhi Li & Andrew Lim & Brian Rodrigues, 2009. "Note--Pricing and Inventory Control for a Perishable Product," Manufacturing & Service Operations Management, INFORMS, vol. 11(3), pages 538-542, February.
  29. Avinadav, Tal, 2020. "The effect of decision rights allocation on a supply chain of perishable products under a revenue-sharing contract," International Journal of Production Economics, Elsevier, vol. 225(C).
  30. Wang, Xiaojun & Li, Dong, 2012. "A dynamic product quality evaluation based pricing model for perishable food supply chains," Omega, Elsevier, vol. 40(6), pages 906-917.
  31. Dehghani, Maryam & Abbasi, Babak, 2018. "An age-based lateral-transshipment policy for perishable items," International Journal of Production Economics, Elsevier, vol. 198(C), pages 93-103.
  32. Tekin, Eylem & Gurler, Ulku & Berk, Emre, 2001. "Age-based vs. stock level control policies for a perishable inventory system," European Journal of Operational Research, Elsevier, vol. 134(2), pages 309-329, October.
  33. Maloni, Michael J. & Benton, W.C., 1997. "Supply chain partnerships: Opportunities for operations research," European Journal of Operational Research, Elsevier, vol. 101(3), pages 419-429, September.
  34. Gorria, Carlos & Lezaun, Mikel & López, F. Javier, 2022. "Performance measures of nonstationary inventory models for perishable products under the EWA policy," European Journal of Operational Research, Elsevier, vol. 303(3), pages 1137-1150.
  35. Broekmeulen, Rob A.C.M. & van Donselaar, Karel H., 2019. "Quantifying the potential to improve on food waste, freshness and sales for perishables in supermarkets," International Journal of Production Economics, Elsevier, vol. 209(C), pages 265-273.
  36. Feng, Lin & Wang, Wan-Chih & Teng, Jinn-Tsair & Cárdenas-Barrón, Leopoldo Eduardo, 2022. "Pricing and lot-sizing decision for fresh goods when demand depends on unit price, displaying stocks and product age under generalized payments," European Journal of Operational Research, Elsevier, vol. 296(3), pages 940-952.
  37. Marcio Costa Santos & Agostinho Agra & Michael Poss, 2020. "Robust inventory theory with perishable products," Annals of Operations Research, Springer, vol. 289(2), pages 473-494, June.
  38. Z Shen & M Dessouky & F Ordonez, 2011. "Perishable inventory management system with a minimum volume constraint," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 62(12), pages 2063-2082, December.
  39. Li‐Ming Chen & Amar Sapra, 2013. "Joint inventory and pricing decisions for perishable products with two‐period lifetime," Naval Research Logistics (NRL), John Wiley & Sons, vol. 60(5), pages 343-366, August.
  40. Rezaei, Jafar, 2014. "Economic order quantity for growing items," International Journal of Production Economics, Elsevier, vol. 155(C), pages 109-113.
  41. Israel David & Eitan Greenshtein & Avraham Mehrez, 1997. "A dynamic‐programming approach to continuous‐review obsolescent inventory problems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 44(8), pages 757-774, December.
  42. Díaz, Ronald David Suárez & Paternina-Arboleda, Carlos D. & Martínez-Flores, José Luis & Jimenez-Barros, Miguel A., 2020. "Economic order quantity for perishables with decreasing willingness to purchase during their life cycle," Operations Research Perspectives, Elsevier, vol. 7(C).
  43. Beullens, Patrick & Ghiami, Yousef, 2022. "Waste reduction in the supply chain of a deteriorating food item – Impact of supply structure on retailer performance," European Journal of Operational Research, Elsevier, vol. 300(3), pages 1017-1034.
  44. Lowalekar, Harshal & Ravi, R. Raghavendra, 2017. "Revolutionizing blood bank inventory management using the TOC thinking process: An Indian case study," International Journal of Production Economics, Elsevier, vol. 186(C), pages 89-122.
  45. Duan, Qinglin & Liao, T. Warren, 2014. "Optimization of blood supply chain with shortened shelf lives and ABO compatibility," International Journal of Production Economics, Elsevier, vol. 153(C), pages 113-129.
  46. Wang, Kung-Jeng & Lin, Y.S. & Yu, Jonas C.P., 2011. "Optimizing inventory policy for products with time-sensitive deteriorating rates in a multi-echelon supply chain," International Journal of Production Economics, Elsevier, vol. 130(1), pages 66-76, March.
  47. V. Radhamani & B. Sivakumar & G. Arivarignan, 2022. "A Comparative Study on Replenishment Policies for Perishable Inventory System with Service Facility and Multiple Server Vacation," OPSEARCH, Springer;Operational Research Society of India, vol. 59(1), pages 229-265, March.
  48. Alireza Pooya & Morteza Pakdaman & Lotfi Tadj, 2019. "Exact and approximate solution for optimal inventory control of two-stock with reworking and forecasting of demand," Operational Research, Springer, vol. 19(2), pages 333-346, June.
  49. Jake Clarkson & Michael A. Voelkel & Anna‐Lena Sachs & Ulrich W. Thonemann, 2023. "The periodic review model with independent age‐dependent lifetimes," Production and Operations Management, Production and Operations Management Society, vol. 32(3), pages 813-828, March.
  50. Cobbaert, Koen & Van Oudheusden, Dirk, 1996. "Inventory models for fast moving spare parts subject to "sudden death" obsolescence," International Journal of Production Economics, Elsevier, vol. 44(3), pages 239-248, July.
  51. Prak, Dennis & Teunter, Ruud & Riezebos, Jan, 2015. "Periodic review and continuous ordering," European Journal of Operational Research, Elsevier, vol. 242(3), pages 820-827.
  52. Jonas C.P. Yu & Kung-Jeng Wang & Yu-Siang Lin, 2016. "Managing dual warehouses with an incentive policy for deteriorating items," International Journal of Systems Science, Taylor & Francis Journals, vol. 47(3), pages 586-602, February.
  53. Chiu, Huan Neng, 1995. "An approximation to the continuous review inventory model with perishable items and lead times," European Journal of Operational Research, Elsevier, vol. 87(1), pages 93-108, November.
  54. Oh, Yosep & Behdad, Sara, 2017. "Simultaneous reassembly and procurement planning in assemble-to-order remanufacturing systems," International Journal of Production Economics, Elsevier, vol. 184(C), pages 168-178.
  55. Li, Jian & Edwin Cheng, T.C. & Wang, Shouyang, 2007. "Analysis of postponement strategy for perishable items by EOQ-based models," International Journal of Production Economics, Elsevier, vol. 107(1), pages 31-38, May.
  56. D. Perry & M. J. M. Posner, 1990. "Control of input and demand rates in inventory systems of perishable commodities," Naval Research Logistics (NRL), John Wiley & Sons, vol. 37(1), pages 85-97, February.
  57. Wang, X. & Li, D. & O'brien, C. & Li, Y., 2010. "A production planning model to reduce risk and improve operations management," International Journal of Production Economics, Elsevier, vol. 124(2), pages 463-474, April.
  58. Chernonog, Tatyana, 2020. "Inventory and marketing policy in a supply chain of a perishable product," International Journal of Production Economics, Elsevier, vol. 219(C), pages 259-274.
  59. Sarker, Bhaba R. & Mukherjee, Subhasis & Balan, Chidambaram V., 1997. "An order-level lot size inventory model with inventory-level dependent demand and deterioration," International Journal of Production Economics, Elsevier, vol. 48(3), pages 227-236, February.
  60. Ketzenberg, Michael & Gaukler, Gary & Salin, Victoria, 2018. "Expiration dates and order quantities for perishables," European Journal of Operational Research, Elsevier, vol. 266(2), pages 569-584.
  61. S. Panda & S. Saha & M. Basu, 2009. "Optimal production stopping time for perishable products with ramp-type quadratic demand dependent production and setup cost," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 17(4), pages 381-396, December.
  62. Avinadav, Tal & Herbon, Avi & Spiegel, Uriel, 2013. "Optimal inventory policy for a perishable item with demand function sensitive to price and time," International Journal of Production Economics, Elsevier, vol. 144(2), pages 497-506.
  63. Anna Nagurney & Amir Masoumi & Min Yu, 2012. "Supply chain network operations management of a blood banking system with cost and risk minimization," Computational Management Science, Springer, vol. 9(2), pages 205-231, May.
  64. Katia C. Frank & Hyun‐Soo Ahn & Rachel Q. Zhang, 2009. "Inventory policies for a make‐to‐order system with a perishable component and fixed ordering cost," Naval Research Logistics (NRL), John Wiley & Sons, vol. 56(2), pages 127-141, March.
  65. A. Bensoussan & M. Çakanyildirim & S. P. Sethi, 2006. "Optimality of Base-Stock and (s, S) Policies for Inventory Problems with Information Delays," Journal of Optimization Theory and Applications, Springer, vol. 130(2), pages 153-172, August.
  66. Qing Li & Peiwen Yu & Xiaoli Wu, 2016. "Managing Perishable Inventories in Retailing: Replenishment, Clearance Sales, and Segregation," Operations Research, INFORMS, vol. 64(6), pages 1270-1284, December.
  67. Deming Zhou & Lawrence C. Leung & William P. Pierskalla, 2011. "Inventory Management of Platelets in Hospitals: Optimal Inventory Policy for Perishable Products with Regular and Optional Expedited Replenishments," Manufacturing & Service Operations Management, INFORMS, vol. 13(4), pages 420-438, October.
  68. Avi Herbon & Uriel Spiegel & Joseph Templeman, 2012. "Simulation study of the price differentiation effect in a stochastic deteriorating inventory with heterogeneous consumers -- freshness sensitivity," Applied Economics, Taylor & Francis Journals, vol. 44(24), pages 3101-3119, August.
  69. Yeu-Shiang Huang & Hau-Wen Lo & Jyh-Wen Ho, 2021. "Effects of component commonality and perishability on inventory control in assemble-to-order systems," Operational Research, Springer, vol. 21(1), pages 205-229, March.
  70. David Winkelmann & Charlotte Kohler, 2024. "Subscription-Based Inventory Planning for E-Grocery Retailing," Papers 2404.04097, arXiv.org.
  71. Bakker, Monique & Riezebos, Jan & Teunter, Ruud H., 2012. "Review of inventory systems with deterioration since 2001," European Journal of Operational Research, Elsevier, vol. 221(2), pages 275-284.
  72. Chua, Geoffrey A. & Mokhlesi, Reza & Sainathan, Arvind, 2017. "Optimal Discounting and Replenishment Policies for Perishable Products," International Journal of Production Economics, Elsevier, vol. 186(C), pages 8-20.
  73. Leung, Kit-Nam Francis, 2007. "A generalized geometric-programming solution to "An economic production quantity model with flexibility and reliability considerations"," European Journal of Operational Research, Elsevier, vol. 176(1), pages 240-251, January.
  74. Giri, B.C. & Chaudhuri, K.S., 1998. "Deterministic models of perishable inventory with stock-dependent demand rate and nonlinear holding cost," European Journal of Operational Research, Elsevier, vol. 105(3), pages 467-474, March.
  75. Puranam, Kartikeya & Novak, David C. & Lucas, Marilyn T. & Fung, Mark, 2017. "Managing blood inventory with multiple independent sources of supply," European Journal of Operational Research, Elsevier, vol. 259(2), pages 500-511.
  76. Hamdan, Bayan & Diabat, Ali, 2020. "Robust design of blood supply chains under risk of disruptions using Lagrangian relaxation," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 134(C).
  77. Sandun C. Perera & Suresh P. Sethi, 2023. "A survey of stochastic inventory models with fixed costs: Optimality of (s, S) and (s, S)‐type policies—Discrete‐time case," Production and Operations Management, Production and Operations Management Society, vol. 32(1), pages 131-153, January.
  78. Omar Ahumada & J. Villalobos, 2011. "A tactical model for planning the production and distribution of fresh produce," Annals of Operations Research, Springer, vol. 190(1), pages 339-358, October.
  79. Herbon, Avi & Levner, Eugene & Cheng, T.C.E., 2014. "Perishable inventory management with dynamic pricing using time–temperature indicators linked to automatic detecting devices," International Journal of Production Economics, Elsevier, vol. 147(PC), pages 605-613.
  80. Qi Wu & Dorothee Honhon, 2023. "Don't waste that free lettuce! Impact of BOGOF promotions on retail profit and food waste," Production and Operations Management, Production and Operations Management Society, vol. 32(2), pages 501-523, February.
  81. Zhou, Haijie & Chen, Kebing & Wang, Shengbin, 2023. "Two-period pricing and inventory decisions of perishable products with partial lost sales," European Journal of Operational Research, Elsevier, vol. 310(2), pages 611-626.
  82. Agustina, Dwi & Lee, C.K.M. & Piplani, Rajesh, 2014. "Vehicle scheduling and routing at a cross docking center for food supply chains," International Journal of Production Economics, Elsevier, vol. 152(C), pages 29-41.
  83. Danny C. Myers, 1997. "Meeting seasonal demand for products with limited shelf lives," Naval Research Logistics (NRL), John Wiley & Sons, vol. 44(5), pages 473-483, August.
  84. Prashant Chintapalli, 2015. "Simultaneous pricing and inventory management of deteriorating perishable products," Annals of Operations Research, Springer, vol. 229(1), pages 287-301, June.
  85. Kartikeya Puranam & Michael Katehakis, 2014. "On optimal bidding and inventory control in sequential procurement auctions: the multi period case," Annals of Operations Research, Springer, vol. 217(1), pages 447-462, June.
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  87. Diabat, Ali & Jabbarzadeh, Armin & Khosrojerdi, Amir, 2019. "A perishable product supply chain network design problem with reliability and disruption considerations," International Journal of Production Economics, Elsevier, vol. 212(C), pages 125-138.
  88. Biman Kanti Nath & Nabendu Sen, 2022. "A Partially Backlogged Inventory Model for Time-Deteriorating Items Using Penalty Cost and Time-Dependent Holding Cost," SN Operations Research Forum, Springer, vol. 3(4), pages 1-14, December.
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  90. Vernon Ning Hsu, 2000. "Dynamic Economic Lot Size Model with Perishable Inventory," Management Science, INFORMS, vol. 46(8), pages 1159-1169, August.
  91. Alain Bensoussan & Qi Feng & Suresh P. Sethi, 2011. "Achieving a Long-Term Service Target with Periodic Demand Signals: A Newsvendor Framework," Manufacturing & Service Operations Management, INFORMS, vol. 13(1), pages 73-88, February.
  92. Yu, Min & Nagurney, Anna, 2013. "Competitive food supply chain networks with application to fresh produce," European Journal of Operational Research, Elsevier, vol. 224(2), pages 273-282.
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  96. Sandun C. Perera & Suresh P. Sethi, 2023. "A survey of stochastic inventory models with fixed costs: Optimality of (s, S) and (s, S)‐type policies—Continuous‐time case," Production and Operations Management, Production and Operations Management Society, vol. 32(1), pages 154-169, January.
  97. S. Panda & S. Saha & M. Basu, 2009. "An EOQ model for perishable products with discounted selling price and stock dependent demand," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 17(1), pages 31-53, March.
  98. Liu, Hengyu & Zhang, Juliang & Zhou, Chen & Ru, Yihong, 2018. "Optimal purchase and inventory retrieval policies for perishable seasonal agricultural products," Omega, Elsevier, vol. 79(C), pages 133-145.
  99. Haijema, René, 2013. "A new class of stock-level dependent ordering policies for perishables with a short maximum shelf life," International Journal of Production Economics, Elsevier, vol. 143(2), pages 434-439.
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  108. Babak Abbasi & Golnaz Vakili & Stuart Chesneau, 2017. "Impacts of Reducing the Shelf Life of Red Blood Cells: A View from Down Under," Interfaces, INFORMS, vol. 47(4), pages 336-351, August.
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  114. Huang, Yeu-Shiang & Su, Wei-Jun & Lin, Zu-Liang, 2011. "A study on lead-time discount coordination for deteriorating products," European Journal of Operational Research, Elsevier, vol. 215(2), pages 358-366, December.
  115. Jun Li & Xiaoqiang Cai & Yinlian Zeng, 2016. "Cost allocation for less-than-truckload collaboration among perishable product retailers," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 38(1), pages 81-117, January.
  116. Zahra Azadi & Harsha Gangammanavar & Sandra Eksioglu, 2020. "Developing childhood vaccine administration and inventory replenishment policies that minimize open vial wastage," Annals of Operations Research, Springer, vol. 292(1), pages 215-247, September.
  117. Sadia Samar Ali & Haripriya Barman & Rajbir Kaur & Hana Tomaskova & Sankar Kumar Roy, 2021. "Multi-Product Multi Echelon Measurements of Perishable Supply Chain: Fuzzy Non-Linear Programming Approach," Mathematics, MDPI, vol. 9(17), pages 1-27, August.
  118. Madhukar Nagare & Pankaj Dutta & Pravin Suryawanshi, 2020. "Optimal procurement and discount pricing for single-period non-instantaneous deteriorating products with promotional efforts," Operational Research, Springer, vol. 20(1), pages 89-117, March.
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  120. Nita H. Shah & Chetansinh R. Vaghela, 2017. "Economic order quantity for deteriorating items under inflation with time and advertisement dependent demand," OPSEARCH, Springer;Operational Research Society of India, vol. 54(1), pages 168-180, March.
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