Two New Heuristic Procedures for the Joint Replenishment Problem
作者:
HarigaMoncer,
期刊:
Journal of the Operational Research Society
(Taylor Available online 1994)
卷期:
Volume 45,
issue 4
页码: 463-471
ISSN:0160-5682
年代: 1994
DOI:10.1057/jors.1994.64
出版商: Taylor&Francis
关键词: inventory;joint replenishment
数据来源: Taylor
摘要:
AbstractIn this paper, we develop two new efficient heuristic procedures for the joint replenishment problem. Each of the two heuristic procedures generates iteratively a near-optimal replenishment policy starting with ordering frequencies that are derived from the solution to a relaxed version of the joint replenishment problem. Both heuristic procedures are illustrated with an example problem involving five jointly ordered items. Seven more illustrative problems, taken from the joint replenishment problem literature, are also solved to assess the cost performance of the two heuristic procedures. They both provide the global optimal replenishment policies for all the illustrative problems.
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