Offsetting inventory replenishment cycles to minimize storage space

Fayez F. Boctor

European Journal of Operational Research, 2010, vol. 203, issue 2, 321-325

Abstract: In a recent paper, [Murthy, N.N., Benton, W.C., Rubin, P.A., 2003. Offsetting inventory cycles of items sharing storage. European Journal of Operational Research 150, 304-319] discussed the problem of offsetting inventory replenishment cycles of several items in order to minimize the maximum required storage space. They analyzed the case where replenishment cycles are given integer multiples of a basic period and proposed a heuristic to solve the problem. While they provided a good analysis of the considered problem, the proposed heuristic produces less interesting results. In the following, a simpler, more efficient and easier to implement heuristic is proposed. Numerical results are provided to prove its superiority.

Keywords: Inventory; management; Replenishment; staggering; Modeling; Heuristics (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:203:y:2010:i:2:p:321-325

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