Stochastic Inventory Model for Minimizing Blood Shortage and Outdating in a Blood Supply Chain under Supply and Demand Uncertainty

Table 1

Input parameters for the base case setting.

Input parameter	Values
Total days over time horizon	300
Total number of scenarios	100
Hospitals/blood center	Hospital 1	Hospital 2	Blood center
Lead time (days)	1	2	5
Review period (days)	1	1	1
Fixed cost of procurement per shipment	113	225	1125
Inventory holding cost per unit per day	130	130	108
Variable purchasing cost per unit ($)	650	650	538
Shortage cost per unit ($)	3250	3250	2690
Outdating cost per unit ($)	650	650	538
Platelet demand/supply distribution