MEETING SEASONAL DEMAND FOR PRODUCTS WITH LIMITED SHELF LIVES

Authors
MYERS DC
Citation
Dc. Myers, MEETING SEASONAL DEMAND FOR PRODUCTS WITH LIMITED SHELF LIVES, Naval research logistics, 44(5), 1997, pp. 473-483
Citations number
5
Categorie Soggetti
Operatione Research & Management Science","Operatione Research & Management Science","Engineering, Marine
Journal title
Naval research logistics → ACNP
ISSN journal
0894069X
Volume
44
Issue
5
Year of publication
1997
Pages
473 - 483
Database
ISI
SICI code
0894-069X(1997)44:5<473:MSDFPW>2.0.ZU;2-6
Abstract
This article addresses a common misconception concerning production le ad time and the use of inventory to meet seasonal demand for products with limited shelf lives. Two fundamental questions are answered: 1) U nder what conditions will an increase in product life lead to increase d ability to meet demand? 2) Under what conditions will increased leve ls of starting inventory be beneficial? The results of this analysis a ssisted a plastics manufacturing firm in making product pricing and in ventory decisions. (C) 1997 John Wiley & Sons, Inc.