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Meeting seasonal demand for products with limited shelf lives

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  • Danny C. Myers

Abstract

This article addresses a common misconception concerning production lead time and the use of inventory to meet seasonal demand for products with limited shelf lives. Two fundamental questions are answered: 1) Under what conditions will an increase in product life lead to increased ability to meet demand? 2) Under what conditions will increased levels of starting inventory be beneficial? The results of this analysis assisted a plastics manufacturing firm in making product pricing and inventory decisions. © 1997 John Wiley & Sons, Inc. Naval Research Logistics 44: 473–483, 1997

Suggested Citation

  • 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.
  • Handle: RePEc:wly:navres:v:44:y:1997:i:5:p:473-483
    DOI: 10.1002/(SICI)1520-6750(199708)44:53.0.CO;2-1
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    References listed on IDEAS

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    1. Steven Nahmias, 1982. "Perishable Inventory Theory: A Review," Operations Research, INFORMS, vol. 30(4), pages 680-708, August.
    2. Myers, Danny C., 1992. "Meeting seasonal demand in a dynamic production environment," European Journal of Operational Research, Elsevier, vol. 57(3), pages 309-315, March.
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    Cited by:

    1. 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.
    2. 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.
    3. Ravindra K. Ahuja & Wei Huang & H. Edwin Romeijn & Dolores Romero Morales, 2007. "A Heuristic Approach to the Multi-Period Single-Sourcing Problem with Production and Inventory Capacities and Perishability Constraints," INFORMS Journal on Computing, INFORMS, vol. 19(1), pages 14-26, February.
    4. Rong, Aiying & Akkerman, Renzo & Grunow, Martin, 2011. "An optimization approach for managing fresh food quality throughout the supply chain," International Journal of Production Economics, Elsevier, vol. 131(1), pages 421-429, May.

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