An EOQ model for perishable goods with age-dependent demand rate
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- 作者：Gregory Dobsona ; greg.dobson@simon.rochester.edu" class="auth_mail" title="E-mail the corresponding author ; Edieal J. Pinkerb ; edieal.pinker@yale.edu" class="auth_mail" title="E-mail the corresponding author ; Ozlem Yildiz ; a ; ozlem.yildiz@simon.rochester.edu" class="auth_mail" title="E-mail the corresponding author
- 关键词：Inventory management ; Perishable EOQ ; Consumer behavior ; Grocery industry
- 刊名：European Journal of Operational Research
- 出版年：2017
- 出版时间：16 February 2017
- 年：2017
- 卷：257
- 期：1
- 页码：84-88
- 全文大小：637 K
文摘
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We derive traditional EOQ like approximations of perishable good cycle length.
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Our approximations are very accurate for parameter values of fresh grocery items.
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Opportunity cost of lost sales due to aging is essential for studying perishables.
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We approximate perishable margins that maintain profit parity with non-perishables.
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