Economic ordering policy for jointly replenished items

S.K. Goyal

31 citations0/0 files storedInternational Journal of Production Research

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Supply Chain and Inventory Management Management and Optimization Techniques Scheduling and Optimization Algorithms

Abstract

In this paper a heuristic method is given for determining nearly optimal operating policy in joint replenishment inventory problems. The performance of the heuristic method is compared with some of the other known heuristic methods available for solving such problems.

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References

1974Determination of Optimum Packaging Frequency of Items Jointly Replenished 1976A Simple Method of Determining Order Quantities in Joint Replenishments Under Deterministic Demand 1983An Improvement of Silver's Algorithm for the Joint Replenishment Problem 1971Economic Ordering Frequency for two Items Jointly Replenished 1973Determination of Economic Packaging Frequency for Items Jointly Replenished 1973Note—Economic Ordering Frequency for Several Items Jointly Replenished

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2021A multi-vendor multi-buyer integrated production-inventory model with synchronised unequal-sized batch delivery 2007A simple improvement on Silver's heuristic for the joint replenishment problem

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