An efficient algorithm for a generalized joint replenishment problem
نویسندگان
چکیده
منابع مشابه
An efficient algorithm for a generalized joint replenishment problem
In most multi-item inventory systems, the ordering costs consist of a major cost and a minor cost for each item included. Applying for every individual item a cyclic inventory policy, where the cycle length is a multiple of some basic cycle time, reduces the major ordering costs. An e cient algorithm to determine the optimal policy of this type is discussed in this paper. It is shown that this ...
متن کاملAn e cient algorithm for a generalized joint replenishment problem
In most multi-item inventory systems, the ordering costs consist of a major cost and a minor cost for each item included. Applying for every individual item a cyclic inventory policy, where the cycle length is a multiple of some basic cycle time, reduces the major ordering costs. An e cient algorithm to determine the optimal policy of this type is discussed in this paper. It is shown that this ...
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During the last two decades, many heuristic procedures for the joint replenishment problem have appeared in the literature. The only available optimal solution procedure was based on an enumera-tive approach and was computationally prohibitive. In this paper we present an alternative optimal approach based on global optimisation theory. By applying Lipschitz optimisation one can nd a solution w...
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We study the joint replenishment problem (JRP) for M items under deterministic demand, with a minimum order quantity constraint for each item in the replenishment order. We first study an iterative procedure that proves to be not efficient in this case. Further, we derive bounds on the basic cycle time and propose an efficient global optimisation procedure to solve the JRP with constraints. Mor...
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The joint replenishment problem is a fundamental model in supply chain management theory that has applications in inventory management, logistics, and maintenance scheduling. In this problem, there are multiple item types, each having a given time-dependent sequence of demands that need to be satisfied. In order to satisfy demand, orders of the item types must be placed in advance of the due da...
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ژورنال
عنوان ژورنال: European Journal of Operational Research
سال: 1999
ISSN: 0377-2217
DOI: 10.1016/s0377-2217(98)00322-1