A novel model for the calculation of safety stock of perishables products with a total waste constraint

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dc.contributor.authorYiğit, Fatih
dc.contributor.authorEsnaf, Sakir
dc.date.accessioned2023-07-21T08:29:38Z
dc.date.available2023-07-21T08:29:38Z
dc.date.issued2023en_US
dc.departmentFakülteler, Mühendislik ve Doğa Bilimleri Fakültesi, Endüstri Mühendisliği Bölümüen_US
dc.description.abstractPerishable products cover a high percentage of all goods. The variability, long lead times, risk period, and high service level increase the safety stock level. An increase in safety stock will also increase the probability of perished products because of the increased probability of sales of less than stock during shelf life. This study proposes a model for calculating safety stocks of perishable products besides showing the effect of perishability on service level. The effects of long lead times, risk periods, high sales and lead-time variance, and short shelf life adversely affect perished products. The study investigates and proposes a novel model for calculating total expected waste and costs with a waste quantity constraint. A real-life example compares a proposed model with waste constraints and the traditional safety stock model based on costs and waste quantity. The case study shows the better results of the proposed models.en_US
dc.identifier.citationYigit, F., & Esnaf, S. (2023). A novel model for the calculation of safety stock of perishables products with a total waste constraint. International Journal of Industrial Engineering: Theory, Applications and Practice, 30(2), 506-521. 10.23055/ijietap.2023.30.2.8035en_US
dc.identifier.endpage521en_US
dc.identifier.issn1072-4761
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85164300057
dc.identifier.scopusqualityQ3
dc.identifier.startpage506en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12939/3567
dc.identifier.volume30en_US
dc.identifier.wosWOS:001026273400001
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.institutionauthorYiğit, Fatih
dc.language.isoen
dc.publisherUniversity of Cincinnatien_US
dc.relation.ispartofInternational Journal of Industrial Engineering : Theory Applications and Practice
dc.relation.isversionof10.23055/ijietap.2023.30.2.8035en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectInventory Managementen_US
dc.subjectPerishable Inventoryen_US
dc.subjectSafety Stocken_US
dc.subjectShelf Lifeen_US
dc.subjectWaste Reductionen_US
dc.titleA novel model for the calculation of safety stock of perishables products with a total waste constraint
dc.typeArticle

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