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Purpose: Correlation-based storage assignment approach has been intensively explored during the last three decades to improve the order picking efficiency. The purpose of this study is to present a comprehensive assessment of the literature about the state-of-the-art techniques used to solve...
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Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as well as inventory and per shipments costs. Using a...
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In this paper we first show that the gains achievable by integrating pricing and inventory control are usually small for classical demand functions. We then introduce reference price models and demonstrate that for this class of demand functions the benefits of integration with inventory control...
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