Blood platelet inventory management: Incorporating data-driven demand forecasts

Platelet products are vital in the blood transfusion system since they are used for treating serious diseases such as cancer. They are expensive products (C$504 per unit) with a short shelf life of five to seven days. Since platelet demand is uncertain and highly variable, platelet inventory management is a challenging task. In this work, we propose a data-driven inventory management model for platelet products that incorporates demand …