Article1974

Determination of Optimum Packaging Frequency of Items Jointly Replenished

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Supply Chain and Inventory Management Management and Optimization Techniques Advanced Manufacturing and Logistics Optimization

Abstract

This paper presents a systematic procedure for obtaining the optimum packaging frequencies for a number of items which are manufactured jointly but packaged individually immediately alter manufacture. The method described in the paper is equally applicable to those problems where the optimum purchasing policy is to be obtained for a number of items procured from a single supplier. An example involving twenty jointly replenished items is solved to illustrate the procedure given in the paper.

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1976A Simple Method of Determining Order Quantities in Joint Replenishments Under Deterministic Demand 1989Joint replenishment inventory control: Deterministic and stochastic models 2007Optimal policy for a closed-loop supply chain inventory system with remanufacturing 2002A model and methodologies for the location problem with logistical components 1985The Joint Replenishment Problem with a Powers-of-Two Restriction 1988Multi‐Item Inventory Models with Co‐ordinated Replenishments: A Survey 1991On the economic ordering quantity for jointly replenished items 2008A multiple objective particle swarm optimization approach for inventory classification

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