Anulark Techanitisawad

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s Product perishability is a major concern of certain industrial sectors, especially the agro-food industry. This paper investigates the effect of product perishability and retailers' stockout policy on system total cost, net profit, service level, and average inventory level in a two-echelon inventory–distribution system, and develops an approximate(More)
s-This paper further extends the existing cost model for a fixed-life perishable product in a two-echelon inventory problem into the net profit model. The extended model is subsequently evaluated by comparing its results with those obtained from OptQuest, a commercial simulation-optimization package. Within a limited but reasonable time, the comparative(More)
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