Inventory systems of perishable commodities
- 1 September 1983
- journal article
- Published by Cambridge University Press (CUP) in Advances in Applied Probability
- Vol. 15 (3), 674-685
- https://doi.org/10.2307/1426625
Abstract
This paper deals with the blood-bank model; namely, an inventory system in which both arrival of items and demand are stochastic and items stored have finite lifetimes. We assume that the arrival and demand processes are independent Poisson processes. We use an analogy with queueing models with impatient customers to obtain some of the important characteristics of the system.Keywords
This publication has 4 references indexed in Scilit:
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