Inventory Sharing for Perishable Products: Application to Platelet Inventory Management in Hospital Blood Banks

Published Online:https://doi.org/10.1287/opre.2022.2410

References

  • American Red Cross (2020) US blood supply facts. Accessed December 5, 2022, https://www.redcrossblood.org/donate-blood/how-to-donate/how-blood-donations-help/blood-needs-blood-supply.html.Google Scholar
  • Beliën J, Forcé H (2012) Supply chain management of blood products: A literature review. Eur. J. Oper. Res. 217(1):1–16.CrossrefGoogle Scholar
  • Blake JT (2009) On the use of operational research for managing platelet inventory and ordering. Transfusion 49(3):396–401.CrossrefGoogle Scholar
  • Chao X, Gong X, Shi C, Zhang H (2015) Approximation algorithms for perishable inventory systems. Oper. Res. 63(3):585–601.LinkGoogle Scholar
  • Chazan D, Gal S (1977) A Markovian model for a perishable product inventory. Management Sci. 23(5):512–521.LinkGoogle Scholar
  • Chen K, Song JS, Shang J, Xiao T (2021) Managing hospital platelet inventory with mid-cycle expedited replenishments and returns. Production Oper. Management 31(5):2015–2037.CrossrefGoogle Scholar
  • Chen W, Dawande M, Janakiraman G (2014a) Fixed-dimensional stochastic dynamic programs: An approximation scheme and an inventory application. Oper. Res. 62(1):81–103.LinkGoogle Scholar
  • Chen X, Pang Z, Pan L (2014b) Coordinating inventory control and pricing strategies for perishable products. Oper. Res. 62(2):284–300.LinkGoogle Scholar
  • Cheong T (2013) Joint inventory and transshipment control for perishable products of a two-period lifetime. Internat. J. Adv. Manufacturing Tech. 66(9–12):1327–1341.CrossrefGoogle Scholar
  • Civelek I, Karaesmen I, Scheller-Wolf A (2015) Blood platelet inventory management with protection levels. Eur. J. Oper. Res. 243(3):826–838.CrossrefGoogle Scholar
  • Cohen MA (1976) Analysis of single critical number ordering policies for perishable inventories. Oper. Res. 24(4):726–741.LinkGoogle Scholar
  • Cohen MA, Pierskalla WP, Yen H (1981) An analysis of ordering and allocation policies for multi-echelon, age-differentiated inventory systems. TIMS Stud. Management Sci. 16(1):353–378.Google Scholar
  • Cooper WL (2001) Pathwise properties and performance bounds for a perishable inventory system. Oper. Res. 49(3):455–466.LinkGoogle Scholar
  • Dehghani M, Abbasi B (2018) An age-based lateral-transshipment policy for perishable items. Internat. J. Production Econom. 198:93–103.CrossrefGoogle Scholar
  • Deniz B, Karaesmen I, Scheller-Wolf A (2010) Managing perishables with substitution: Inventory issuance and replenishment heuristics. Manufacturing Service Oper. Management 12(2):319–329.LinkGoogle Scholar
  • Dunbar NM (2020) Does ABO and RhD matching matter for platelet transfusion? Hematology 2014 Amer. Soc. Hematology Ed. Program Book, vol. 1, 512–517.Google Scholar
  • Ekici A, Özener OÖ, Çoban E (2018) Blood supply chain management and future research opportunities. Kahraman C, Ilker Topcu Y, eds. Operations Research Applications in Healthcare Management (Springer, Cham, Switzerland), 241–266.CrossrefGoogle Scholar
  • Eppen GD (1979) Note: Effects of centralization on expected costs in a multi-location newsboy problem. Management Sci. 25(5):498–501.LinkGoogle Scholar
  • Fontaine MJ, Chung YT, Rogers WM, Sussmann HD, Quach P, Galel SA, Goodnough LT, Erhun F (2009) Improving platelet supply chains through collaborations between blood centers and transfusion services. Transfusion 49(10):2040–2047.CrossrefGoogle Scholar
  • Fries BE (1975) Optimal ordering policy for a perishable commodity with fixed lifetime. Oper. Res. 23(1):46–61.LinkGoogle Scholar
  • Haijema R, van der Wal J, van Dijk NM (2007) Blood platelet production: Optimization by dynamic programming and simulation. Comput. Oper. Res. 34(3):760–779.CrossrefGoogle Scholar
  • Hu X, Duenyas I, Kapuscinski R (2008) Optimal joint inventory and transshipment control under uncertain capacity. Oper. Res. 56(4):881–897.LinkGoogle Scholar
  • Jennings JB (1973) Blood bank inventory control. Management Sci. 19(6):637–645.LinkGoogle Scholar
  • Jin M, Agirbas G (2013) Reducing expiry of slow-moving critical medical items with transshipment. IIE Trans. Healthcare System Engrg. 3(3):193–206.CrossrefGoogle Scholar
  • Jones JM, Sapiano MRP, Savinkina AA, Haass KA, Baker ML, Henry RA, Berger JJ, Basavaraju SV (2020) Slowing decline in blood collection and transfusion in the United States–2017. Transfusion 60(S2):S1–S9.CrossrefGoogle Scholar
  • Karaesmen IZ, Scheller-Wolf A, Deniz B (2011) Managing perishable and aging inventories: Review and future research directions. Kempf KG, Keskinocak P, Uzsoy R, eds. Planning Production and Inventories in the Extended Enterprise (Springer, New York), 393–436.CrossrefGoogle Scholar
  • Keskinocak P, Savva N (2020) A review of the healthcare-management (modeling) literature published in Manufacturing & Service Operations Management. Manufacturing Service Oper. Management 22(1):59–72.LinkGoogle Scholar
  • Lang JC (2010) Blood bank inventory control with transshipments and substitutions. Christian Lang J, ed. Production and Inventory Management with Substitutions (Springer, Berlin), 205–226.CrossrefGoogle Scholar
  • Li Q, Yu P (2014) Multimodularity and its applications in three stochastic dynamic inventory problems. Manufacturing Service Oper. Management 16(3):455–463.LinkGoogle Scholar
  • Li Q, Yu P, Du L (2022) Separation of perishable inventories in offline retailing through transshipment. Oper. Res. 70(2):666–689.LinkGoogle Scholar
  • Nagurney A, Masoumi AH (2012) Supply chain network design of a sustainable blood banking system. Ganeshan R, Boone T, Jayaraman V, eds. Sustainable Supply Chains (Springer, New York), 49–72.CrossrefGoogle Scholar
  • Nahmias S (1975) Optimal ordering policies for perishable inventory. Oper. Res. 23(4):735–749.LinkGoogle Scholar
  • Nahmias S (1976) Myopic approximations for the perishable inventory problem. Management Sci. 22(9):1002–1008.LinkGoogle Scholar
  • Nahmias S (1977) Higher-order approximations for the perishable-inventory problem. Oper. Res. 25(4):630–640.LinkGoogle Scholar
  • Nahmias S (2011) Perishable Inventory Systems, International Series in Operations Research & Management Science, vol. 160 (Springer, New York).CrossrefGoogle Scholar
  • Nandakumar P, Morton TE (1993) Near myopic heuristics for the fixed-life perishability problem. Management Sci. 39(12):1490–1498.LinkGoogle Scholar
  • Paul A, Rajapakshe T, Mallik S (2019) Socially optimal contracting between a regional blood bank and hospitals. Production Oper. Management 28(4):908–932.CrossrefGoogle Scholar
  • Pierskalla WP (2005) Supply chain management of blood banks. Sainfort F, Brandeau ML, Pierskalla WP, eds. Operations Research and Healthcare (Springer, Boston), 103–145.CrossrefGoogle Scholar
  • Pierskalla WP, Roach CD (1972) Optimal issuing policies for perishable inventory. Management Sci. 18(11):603–614.LinkGoogle Scholar
  • Prastacos GP (1981) Allocation of a perishable product inventory. Oper. Res. 29(1):95–107.LinkGoogle Scholar
  • Prastacos GP, Brodheim E (1980) PBDS: A decision support system for regional blood management. Management Sci. 26(5):451–463.LinkGoogle Scholar
  • Robinson LW (1990) Optimal and approximate policies in multiperiod, multilocation inventory models with transshipments. Oper. Res. 38(2):278–295.LinkGoogle Scholar
  • Tagaras G, Cohen MA (1992) Pooling in two-location inventory systems with non-negligible replenishment lead times. Management Sci. 38(8):1067–1083.LinkGoogle Scholar
  • Wang K, Ma Z (2015) Age-based policy for blood transshipment during blood shortage. Transportation Res. Part E Logist. Trans. Rev. 80:166–183.CrossrefGoogle Scholar
  • Yang H, Schrage L (2009) Conditions that cause risk pooling to increase inventory. Eur. J. Oper. Res. 192(3):837–851.CrossrefGoogle Scholar
  • Yang J, Qin Z (2007) Capacitated production control with virtual lateral transshipments. Oper. Res. 55(6):1104–1119.LinkGoogle Scholar
  • Zhang C, Ayer T, White CC (2021) Truncated balancing policy for perishable inventory management: Combating high shortage penalties. Working paper, Fuqua School of Business, Duke University, Durham, NC. Accessed December 5, 2022, https://dx.doi.org/10.2139/ssrn.3469852.Google Scholar
  • Zhang H, Chao X, Shi C (2018) Perishable inventory systems: Convexity results for base-stock policies and learning algorithms under censored demand. Oper. Res. 66(5):1276–1286.LinkGoogle Scholar
  • Zhang H, Shi C, Chao X (2016) Technical note-approximation algorithms for perishable inventory systems with setup costs. Oper. Res. 64(2):432–440.LinkGoogle Scholar
  • Zhou D, Leung LC, Pierskalla WP (2011) Inventory management of platelets in hospitals: Optimal inventory policy for perishable products with regular and optional expedited replenishments. Manufacturing Service Oper. Management 13(4):420–438.LinkGoogle Scholar
  • Zipkin P (2008) On the structure of lost-sales inventory models. Oper. Res. 56(4):937–944.LinkGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.