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)-type inventory management problem successfully accounts for these features of the data. Moreover, the model can account for import … and import price dynamics in the aftermath of large devaluations. In particular, desired inventory adjustment in response …
Persistent link: https://www.econbiz.de/10010292145
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 …
Persistent link: https://www.econbiz.de/10010324391
In this paper we analyse the effect of satisfying in a different way customers with an order larger than a prespecified cutoff transaction size, in a simple newsboy setting.For compound Poisson demand with discrete order sizes, we show how to determine the expected costs and the optimal cutoff...
Persistent link: https://www.econbiz.de/10010324424
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 …
Persistent link: https://www.econbiz.de/10010324574
analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order …
Persistent link: https://www.econbiz.de/10010324799
Federgruen (1991) developed an even more efficient algorithm for computing discreteorder quantity (s, S) inventory policies …
Persistent link: https://www.econbiz.de/10010324948
This paper extends a fundamental result about single-item inventory systems. This approachallows more general …
Persistent link: https://www.econbiz.de/10010324974
This paper treats the problem of setting the inventory level and optimizing the buffer allocation of closed-loop flow … second part, we focus on the relationship between the CONWIP inventory level and the short-term profit. The accuracy of the …
Persistent link: https://www.econbiz.de/10010421360
In manual order picking systems, order pickers walk or drive through a distribution warehouse in order to collect items which are requested by (internal or external) customers. In order to perform these operations efficiently, it is usually required that customer orders are combined into (more...
Persistent link: https://www.econbiz.de/10010421349
transshipment time on various aspects of spare parts inventory control.Furthermore, we introduce customer-oriented service levels by …
Persistent link: https://www.econbiz.de/10010325644