Hybrid robust and stochastic optimization for a capital-constrained fresh product supply chain integrating risk-aversion behavior and financial strategies

Z Guan, Y Mou, M Sun - Computers & Industrial Engineering, 2022 - Elsevier
A fresh product supply chain is considered in which an omnichannel retailer procures
products from multiple suppliers and distributes them through a distribution center to …

Inventory management of perishable items in long-term humanitarian operations using Markov Decision Processes

GO Ferreira, EF Arruda, LG Marujo - International Journal of Disaster Risk …, 2018 - Elsevier
Humanitarian organizations often rely on donations of goods to keep their operations
running for a long period. However, the donation of perishable goods, such as food and …

Data-driven process redesign: anticipatory shipping in agro-food supply chains

NQ Viet, B Behdani, J Bloemhof - International Journal of …, 2020 - Taylor & Francis
Anticipatory shipping uses historical order and customer data to predict future orders and
accordingly ship products to the nearest distribution centres before customers actually place …

A periodic inventory system of intermittent demand items with fixed lifetimes

E Balugani, F Lolli, R Gamberini, B Rimini… - International Journal of …, 2019 - Taylor & Francis
Perishable items with a limited lifespan and intermittent/erratic consumption are found in a
variety of industrial settings: dealing with such items is challenging for inventory managers …

Development of new hybrid discrete-time perishable inventory model based on Weibull distribution with time-varying demand using system dynamics approach

E Chołodowicz, P Orłowski - Computers & Industrial Engineering, 2021 - Elsevier
In the 20th century, there has been a significant development in logistics systems owing to
market globalisation. From this perspective, our study focuses on designing novel models of …

Inventory strategies for perishable products with two-period shelf-life and lost sales

K Chen, T Xiao, S Wang, D Lei - International Journal of Production …, 2021 - Taylor & Francis
We develop an inventory model for perishable products with a two-period shelf-life. The
demand during a stock out in either period is treated as lost sales. Besides the initial regular …

A data-based model predictive decision support system for inventory management in hospitals

MI Fernández, P Chanfreut, I Jurado… - IEEE journal of …, 2020 - ieeexplore.ieee.org
This paper presents experimental results from the application of a data-based model
predictive decision support system to drug inventory management in the pharmacy of a mid …

[HTML][HTML] Computing optimal (R, s, S) policy parameters by a hybrid of branch-and-bound and stochastic dynamic programming

A Visentin, S Prestwich, R Rossi, SA Tarim - European Journal of …, 2021 - Elsevier
A well-known control policy in stochastic inventory control is the (R, s, S) policy, in which
inventory is raised to an order-up-to-level S at a review instant R whenever it falls below …

Coordinating continuous-time distribution and sales planning of perishable goods with quality grades

W Albrecht, M Steinrücke - International Journal of Production …, 2018 - Taylor & Francis
A variety of industries handling perishable goods is faced with the challenge of reducing
lead times in order to ensure the best possible freshness of products at the point of sales …

An effective approach for optimization of a perishable inventory system with uncertainty in both demand and supply

DH Nguyen, H Chen - International Transactions in …, 2022 - Wiley Online Library
Effective inventory system management allows companies to respond quickly to the market
change and develop a flexible production system to improve their competitiveness. In this …