What is it about?
Postponement is a production strategy that is very effective in mitigating risk of demand uncertainty. While this strategy is widely used, we study a special application in juice production where stored apples are subject to deterioration.
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Why is it important?
We offer a simple decision making model that producers can use to mitigate risk uncertainty. The model can be used not only by juice producers but by any producer of food or dairy products.
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This page is a summary of: Postponement implementation in integrated production and inventory plan under deterioration effects: a case study of a juice producer with limited storage capacity, Production Planning & Control, July 2019, Taylor & Francis, DOI: 10.1080/09537287.2019.1636354.
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