Showing 1 - 10 of 528
Retail stores sell products to consumers. Their ability to sell depends upon the availability of the planned assortment, i.e. every item is on shelf so that the consumer can buy it. In particular, for fast moving consumer goods, like food, the consumer expects that each item is on stock. The...
Persistent link: https://www.econbiz.de/10011093744
This paper is an in-depth treatment of an inventory control problem with perishable items. We focus on two prototypes of perishability for items that have a common shelflife and that arrive in batches with zero lead time: (i) sudden deaths due to disasters (e.g., spoilage because of extreme...
Persistent link: https://www.econbiz.de/10010950032
We consider the economic lot-sizing problem with perishable items (ELS-PI), where each item has a deterministic expiration date. Although all items in stock are equivalent regardless of procurement or expiration date, we allow for an allocation mechanism that defines an order in which the items...
Persistent link: https://www.econbiz.de/10011264312
In this paper, an innovative decision support system is proposed, by consolidating the newsboy model, logistic regression, and grey relation analysis, to develop an efficient replenishment policy, which maximises the total profit of perishable items in a convenience store. First, the basic order...
Persistent link: https://www.econbiz.de/10010756259
This paper is an in-depth treatment of an inventory control problem with perishable items. We focus on two prototypes of perishability for items that have a common shelflife and that arrive in batches with zero lead time: (i) sudden deaths due to disasters (e.g., spoilage because of extreme...
Persistent link: https://www.econbiz.de/10010759245
This paper introduces the knapsack problem for perishable items (KPPI), which concerns the optimal dynamic allocation of a limited promotion space to a collection of perishable items. Such a problem is motivated by applications in a variety of industries, where products have an associated...
Persistent link: https://www.econbiz.de/10005042519
The increasing globalisation of the world economy is having a profound impact on logistics. Emerging economies are experiencing rapid developments that affect their warehousing facilities. The purpose of this study is to explore the strategic roles that warehousing plays and the changes therein....
Persistent link: https://www.econbiz.de/10010888499
Nowadays, increasing market share and gaining competitive edge plays an important role. This fact forces enterprises to choose adequate strategies of operation and make investments in development activities, including warehouse management, which is an intrinsic element of enterprise activities....
Persistent link: https://www.econbiz.de/10011252926
Order picking has long been identified as the most labour-intensive and costly activity for almost every warehouse; the cost of order picking is estimated to be as much as 55% of the total warehouse operating expense. Any underperformance in order picking can lead to unsatisfactory service and...
Persistent link: https://www.econbiz.de/10005288500
Order picking deals with the retrieval of articles from their storage locations in order to satisfy customer requests. The transformation and consolidation of customer orders into picking orders (batches) is pivotal for the performance of order picking systems. Typically, customer orders have to...
Persistent link: https://www.econbiz.de/10009654292