An efficient optimal solution method for the joint replenishment problem with minimum order quantities
نویسندگان
چکیده
منابع مشابه
An efficient optimal solution method for the joint replenishment problem with minimum order quantities
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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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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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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ژورنال
عنوان ژورنال: European Journal of Operational Research
سال: 2006
ISSN: 0377-2217
DOI: 10.1016/j.ejor.2005.02.056