Perishable inventory demands attention. Specific inventory-tracking methods help with the job of managing and accounting for perishable inventory. Perishable refers to items that have an expiration ...

Advances in Applied Probability, Vol. 33, No. 1 (Mar., 2001), pp. 61-75 (15 pages) We study a Markovian model for a perishable inventory system with random input and an external source of obsolescence ...

Perishable inventory refers to items a company sells that lose their value over time until they eventually are rendered worthless. Whether it's milk that turns sour, a bouquet of flowers that withers ...

Operations Research, Vol. 46, No. 3, Supplement: Focus Issue on Manufacturing Logistics (May - Jun., 1998), pp. S65-S71 (7 pages) We consider an (S - 1, S) type perishable inventory system in which ...

The global pandemic has expanded the definition of perishable inventory. A word that once applied mainly to food and beverages, “perishable” now encompasses a broader scope of goods that, left to ...

An inventory control system is a system the encompasses all aspects of managing a company’s inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.