Article1991

Survey of Literature on Continuously Deteriorating Inventory Models

804 citations0/0 files storedJournal of the Operational Research Society

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Supply Chain and Inventory Management Reliability and Maintenance Optimization Sustainable Supply Chain Management

Abstract

This paper presents a complete and up-to-date survey of published inventory literature for the deteriorating (decaying) inventory models. More specifically, those papers are addressed that consider the effect of deterioration as a function of the on-hand level of inventory. The basic features, extensions and generalization of various models are discussed. A classification scheme is presented along with suggestions for future research.

Citations in this library

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References

1982Perishable Inventory Theory: A Review 1973An EOQ Model for Items with Weibull Distribution Deterioration 1963A model for an exponentially decaying inventory

Cited by

2009An optimization approach for managing fresh food quality throughout the supply chain 2012Review of inventory systems with deterioration since 2001 2013Agri‐fresh produce supply chain management: a state‐of‐the‐art literature review 2010Managing Perishable and Aging Inventories: Review and Future Research Directions 2009Optimization and Coordination of Fresh Product Supply Chains with Freshness‐Keeping Effort 2012A dynamic product quality evaluation based pricing model for perishable food supply chains 2016Literature review of deteriorating inventory models by key topics from 2012 to 2015 2007Inventory models with ramp type demand rate, partial backlogging and Weibull deterioration rate

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