An Improvement of Silver's Algorithm for the Joint Replenishment Problem

Moshe Kaspi · Meir J. Rosenblatt

105 citations0/0 files storedIIE Transactions

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Supply Chain and Inventory Management Reliability and Maintenance Optimization Scheduling and Optimization Algorithms

Abstract

Silver's algorithm for the joint replenishment problem is modified and improved. Computational requirements due to this modification are relatively very small. Extensive experimentation shows that the errors of Silver's algorithm can, on the average, be reduced by an order of magnitude.

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1976A Simple Method of Determining Order Quantities in Joint Replenishments Under Deterministic Demand

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1997An efficient optimal solution method for the joint replenishment problem 2005The joint replenishment problem with resource restriction 2007The joint replenishment and delivery scheduling of the one-warehouse, n-retailer system 2005An evolutionary algorithm to solve the joint replenishment problem using direct grouping 2003A global optimum search algorithm for the joint replenishment problem under power-of-two policy 1992Integrated procurement-production systems: A review 2006Effective and simple EOQ-like solutions for stochastic demand periodic review systems 2007A genetic algorithm for joint replenishment based on the exact inventory cost

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