Managing Perishable Multi-product Inventory with Supplier Fill-Rate, Price Reduction and Substitution

Autor: Christensen, Flemming Max Møller, Steger-Jensen, Kenn, Dukovska-Popovska, Iskra
Přispěvatelé: Lalic, Bojan, Majstorovic, Vidosav, Marjanovic, Ugljesa, von Cieminski, Gregor, Romero, David
Jazyk: angličtina
Rok vydání: 2020
Předmět:
Zdroj: Christensen, F M M, Steger-Jensen, K & Dukovska-Popovska, I 2020, Managing Perishable Multi-product Inventory with Supplier Fill-Rate, Price Reduction and Substitution . in B Lalic, V Majstorovic, U Marjanovic, G von Cieminski & D Romero (eds), Advances in Production Management Systems. Towards Smart and Digital Manufacturing-IFIP WG 5.7 International Conference, APMS 2020, Proceedings . Springer, I F I P Advances in Information and Communication Technology, vol. 592, pp. 640-648, IFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2020, Novi Sad, Serbia, 30/08/2020 . https://doi.org/10.1007/978-3-030-57997-5_74
DOI: 10.1007/978-3-030-57997-5_74
Popis: Order-sizing in replenishment planning and control for perishable products is studied in grocery retail context. There is a need for age-based policies that consider multiple products, the impact from price reduction (due to close-to-expiration), and product substitution in order to reduce waste, increase availability and improve freshness. This study develops a theoretical extension to known EWA-models considering positive and/or negative interdependence in substitution between products, impact from price reduction and expired products, as well as the inventory impact from other products safety stocks.
Databáze: OpenAIRE