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 … discussed in this paper. It is shown that this algorithm can be used for deterministic multi-item inventory problems, with …

In this paper an inventory model with several demand classes, prioritised according to importance, is analysed. We … consider a lot-for-lot or (S-1,S) inventory model with lost sales.For each demand class there is a critical stock level at and …

analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order …

transshipment time on various aspects of spare parts inventory control.Furthermore, we introduce customer-oriented service levels by …

This paper extends a fundamental result about single-item inventory systems. This approachallows more general …

term for end-of-horizon inventory in the objective function of the short-horizon model. Computational tests show that the … knowledge about future demand as the ending inventory valuation method. Our results indicate that the superior performance … demand patterns, ending inventory valuation is not the most effective way to use this knowledge. Furthermore, we point out a …