Research on Inventory Strategy of Perishable Goods Considering Emergency Demand

Abstract

ABSTRACT The research object of this paper was a single perishable product that does not immediately deteriorate. The emergency demand for the perishable goods was rarely studied, but it was practically significant. This article firstly used the piece wise exponential metamorphism function to characterize the non-immediate metamorphism. This paper also considered the emergency demand ignored previously. Then this paper explored the retailer's inventory strategy after introducing the emergency demand influence factor into the inventory level function and demand function. Finally, the impact of emergency demand factors on the retailer's single inventory strategy was compared, analyzed and expanded. Therefore, the practical significance of this paper is proved in theory.