Meeting seasonal demand for products with limited shelf lives

Danny C. Myers

Naval Research Logistics (NRL), 1997, vol. 44, issue 5, 473-483

Abstract: This article addresses a common misconception concerning production lead time and the use of inventory to meet seasonal demand for products with limited shelf lives. Two fundamental questions are answered: 1) Under what conditions will an increase in product life lead to increased ability to meet demand? 2) Under what conditions will increased levels of starting inventory be beneficial? The results of this analysis assisted a plastics manufacturing firm in making product pricing and inventory decisions. © 1997 John Wiley & Sons, Inc. Naval Research Logistics 44: 473–483, 1997

Date: 1997
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https://doi.org/10.1002/(SICI)1520-6750(199708)44:53.0.CO;2-1

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:44:y:1997:i:5:p:473-483

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