Abstract
In a recent paper, Chen et al. in J Oper Res Soc 67(6):884–896, [4] proposed an inventory model with freshness-expiration date and stock-dependent demand, assuming nonzero ending inventory and adopting a profit maximization function. They treated the freshness index that measures the quality of produce as linear decreasing function. However, it is evident that the degradation in quality not necessarily decreases linearly for every product. Therefore, in this work, we relax this assumption and characterize the freshness index as polynomial decreasing function to strengthen the applicability of Chen et al.’s model.
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Soni, H.N., Suthar, D.N. (2020). A Note on “Inventory and Shelf-Space Optimization for Fresh Produce with Expiration Date Under Freshness-and-Stock-Dependent Demand Rate”. In: Shah, N., Mittal, M. (eds) Optimization and Inventory Management. Asset Analytics. Springer, Singapore. https://doi.org/10.1007/978-981-13-9698-4_12
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DOI: https://doi.org/10.1007/978-981-13-9698-4_12
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