Optimal issuing of perishables with a short fixed shelf life

Research output: Chapter in Book/Report/Conference proceedingConference paper

12 Citations (Scopus)

Abstract

The management of inventories of perishable products with a short maximal shelf life takes a good issuing policy next to a good ordering policy. Ordering policies of non-perishables are well studied in literature and implemented in Automated Store Ordering (ASO) systems and Computer Assisted Ordering (CAO) systems. These ordering policies are stock-level dependent and do not take the product ages into account. As a consequence when applied to perishable products they do not anticipate expected future outdating of products and thus result in unnecessary outdating and shortages. Improved ordering policies are proposed in the literature but hardly implemented in ASO and CAO systems as these are designed for the management of non-perishables. Without changing the order policies of such systems one may reduce outdating and shortages by issuing the products in a sophisticated way. We present therefore a stochastic model that is solved by stochastic dynamic programming.
Original languageEnglish
Title of host publicationICCL 2011 - International Conference on Computational Logistics, Hamburg, Germany, 19 - 22 September, 2011
EditorsJ.W. Böse, C. Jahn, H. Hu, X. Shi, R. Stahlbock
PublisherSpringer Verlag
Pages160-169
ISBN (Print)9783642242632
DOIs
Publication statusPublished - 2011
EventICCL 2011 - International Conference on Computational Logistics, Hamburg, Germany -
Duration: 19 Sep 201122 Sep 2011

Publication series

NameLecture notes in computer science
Volume6971

Conference

ConferenceICCL 2011 - International Conference on Computational Logistics, Hamburg, Germany
Period19/09/1122/09/11

Fingerprint Dive into the research topics of 'Optimal issuing of perishables with a short fixed shelf life'. Together they form a unique fingerprint.

Cite this