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Two-stage perishable inventory models. (English) Zbl 0783.90032

Summary: We consider perishable inventory systems with two types of demand. Demand may be for either fresh items or for somewhat older items. We model the system with two inventory stages. The first stage holds fresh items and the second stage holds the older times. We approximate the performance of the two-stage inventory system and compare two managerial policies.

MSC:

90B05 Inventory, storage, reservoirs
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