Inventory Management of Platelets in Hospitals: Optimal Inventory Policy for Perishable Products with Regular and Optional Expedited Replenishments

@inproceedings{Zhou2011InventoryMO,
  title={Inventory Management of Platelets in Hospitals: Optimal Inventory Policy for Perishable Products with Regular and Optional Expedited Replenishments},
  author={Deming Zhou and Lawrence C. Leung and William P. Pierskalla},
  year={2011}
}
Platelets are short-life blood components used in hospital blood transfusion centers. Excluding time for transportation, testing, and arrangement, clinically transfusable platelets have a mere three-day life span. This paper analyzes a periodic review inventory system for such a perishable product under two replenishment modes. Regular orders are placed at the beginning of a cycle. Within the cycle, the manager has an option of placing an additional order, referred to as an expedited order… CONTINUE READING

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