Inventory Depletion Management

Consideration is given to problems of choosing the order of issue of items from a stockpile of material whose utility characteristics are changing with time. Conditions are given under which either LIFO (last in, first out) or FIFO (first in, first out) is an optimal issue policy.

• 저널Management Science · 4(4) · 450–456
• 토픽Advanced Manufacturing and Logistics Optimization · Industrial and Manufacturing Engineering
• DOI10.1287/mnsc.4.4.450
• 저자Cyrus Derman, Morton Klein