Disposal of Excess Inventory

Donald B. Rosenfield
Additional contact information
Donald B. Rosenfield: Massachusetts Institute of Technology, Cambridge, Massachusetts

Operations Research, 1989, vol. 37, issue 3, 404-409

Abstract: This paper deals with the problem of disposal of slow-moving or obsolete inventory. For many reasons, companies will find themselves in an overstock situation where the potential sales value of excess stock, less the expected storage costs, does not match the salvage value. We present relationships for the optimum number of items to keep under conditions of stochastic demand and perishing.

Keywords: inventory/production: applications; perishable items; inventory/production; policies: disposal (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://dx.doi.org/10.1287/opre.37.3.404 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:37:y:1989:i:3:p:404-409

Access Statistics for this article

More articles in Operations Research from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().