Showing 41 - 50 of 932
Persistent link: https://www.econbiz.de/10011619322
Persistent link: https://www.econbiz.de/10012596354
We study a non-cooperative game for joint replenishment by n firms that operate under an EOQ-like setting. Each firm decides whether to replenish independently or to participate in joint replenishment, and how much to contribute to joint ordering costs in case of participation. Joint...
Persistent link: https://www.econbiz.de/10011000006
Persistent link: https://www.econbiz.de/10005155734
The study focuses attention on a grouping procedure for the purpose of joint inventory replenishments from a single supplier. The grouping procedure exploits the group discounts available on the total purchase value of a group of index and the economies of scale of order placing costs. In...
Persistent link: https://www.econbiz.de/10009213987
This paper compares the commonly used periodic review, replenishment interval, order-up-to (R, T ) policy to the continuous review, reorder point, order quantity, (Q, r) model. We show that long-run average cost function for the single-product (R, T ) policy has a structure similar to that of...
Persistent link: https://www.econbiz.de/10009218827
In this paper we give a complete analysis of the joint replenishment problem (JRP) under constant demands and continuous time. We present a solution method for the JRP when a correction is made for empty replenishments, and we test the solution procedures with real data. We show that the...
Persistent link: https://www.econbiz.de/10010731720
During the last two decades, many heuristic procedures for the joint replenishment problem have appeared in the literature. The only available optimal solution procedure was based on an enumerative approach and was computationally prohibitive. In this paper we present an alternative optimal...
Persistent link: https://www.econbiz.de/10010731723
We study the joint replenishment problem (JRP) for M items under deterministic demand, with a minimum order quantity constraint for each item in the replenishment order. We first study an iterative procedure that proves to be not efficient in this case. Further, we derive bounds on the basic...
Persistent link: https://www.econbiz.de/10010731854
In this paper we proposed an efficient algorithm to solve the joint replenishment problem to optimality. We perform a computational study to compare the performance of the proposed algorithm with the best one reported in Viswanathan [6]. The study reveals that for large minor set-up costs and...
Persistent link: https://www.econbiz.de/10010731901