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This paper considers the situation of a retail store subject to inventory inaccuracies stemming from execution problems. We assume that inventory inaccuracies are introduced by misplacement type errors that occur within the store, i.e. the whole quantity of products that is ordered and received...
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We consider a finite-horizon, single-stage, single-product periodic review store inventory in which inventory records are inaccurate. We assume that inventory inaccuracies are introduced by theft type errors that arise within the store. We propose a comparison between three approaches based on...
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This paper investigates the impact of product perishability on the known (r,Q) inventory review policy and the benefits of using Time Temperature integrator technology (TTI) on inventory management. We first formulate an (r,Q) inventory model for perishables having a fixed lifetime. Then, we...
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