Inventory replenishment planning and staggering
نویسندگان
چکیده
منابع مشابه
The Replenishment Staggering Problem Revisited
The replenishment staggering problem is the problem of offsetting inventory replenishment cycles of several items in order to minimize the maximum required storage space and/or other storage resources. In its simplest version, inventory consumption rates are constant over time and replenishment cycle lengths are known integer multiples of a given basic period. In this paper, a simple, efficient...
متن کاملStaggering Periodic Replenishment in Multivendor JIT Environments
The delivery scheduling problem studied in this paper was motivated by the operation in a large personal computer assembly plant, which was using multisourcing for some of its materials. The company’s objective was to design a delivery schedule so that the average inventory level in the factory was minimized. We show that the problem is intimately related to a classical inventory staggering pro...
متن کاملReplenishment Planning for Stochastic Inventory Systems with Shortage Cost
One of the most important policies adopted in inventory control is the (R,S) policy (also known as the “replenishment cycle” policy). Under the non-stationary demand assumption the (R,S) policy takes the form (Rn,Sn) where Rn denotes the length of the n th replenishment cycle, and Sn the corresponding order-up-to-level. Such a policy provides an effective means of damping planning instability a...
متن کاملAn Expert System for Inventory Replenishment Optimization
Companies survive in saturated markets trying to be more productive and more efficient. In this context, to manage more accurately the finished goods inventories becomes critical for make to stock production systems companies. In this paper an inventory replenishment expert system with the objectives of improving quality service and reducing holding costs is proposed. The Inventory Replenishmen...
متن کاملOptimizing Inventory Replenishment of Retail Fashion Products
We consider the problem of determining (for a short lifecycle) retail product initial and replenishment order quantities that minimize the cost of lost sales, back orders, and obsolete inventory. We model this problem as a two-stage stochastic dynamic program, propose a heuristic, establish conditions under which the heuristic finds an optimal solution, and report results of the application of ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: IFAC-PapersOnLine
سال: 2015
ISSN: 2405-8963
DOI: 10.1016/j.ifacol.2015.06.285