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We analyze a resource allocation problem faced by Medical Surplus Recovery Organizations (MSROs) that recover medical surplus products to fulfill the needs of under-served healthcare facilities in developing countries. Due to the uncertain, uncontrollable supply and limited information about...
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Problem definition: Faced with the challenge of serving beneficiaries with heterogeneous needs and under budget constrains, a number of nonprofit organizations (NPOs) have come up with an innovative solution: providing partially complete products or services to beneficiaries. We seek to...
Persistent link: https://www.econbiz.de/10012824118
Motivated by a platelet inventory management problem, we study periodic-review, fixed-lifetime perishable inventory systems where demand is a general stochastic process. The optimal solution for this problem is computationally intractable due to the “curse of dimensionality”. In this paper,...
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