Alexandre Dolgui, Manoj Kumar Tiwari, Yerasani Sinjana, Sri Krishna Kumar, Young-Jun Son
Abstract:The value of perishable products is most affected by the time delays in a supply chain. A major issue is how to integrate the existing practices in production, inventory holding and distribution, besides considering the perishable nature of the products, so as to deliver an optimized policy for the perishable commodities. Standard inventory control models are often not adequate for perishable products and there is a need for a new integrated model to focus on consolidation of production, inventory and distribu…
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