Offsetting inventory replenishment cyclesAuthor-Name: Russell, Robert A
Timothy L. Urban
European Journal of Operational Research, 2016, vol. 254, issue 1, 105-112
Abstract:
The inventory-staggering problem is a multi-item inventory problem in which replenishment cycles are scheduled or offset in order to minimize the maximum inventory level over a given planning horizon. We incorporate symmetry-breaking constraints in a mixed-integer programming model to determine optimal and near-optimal solutions. Local-search heuristics and evolutionary polishing heuristics are also presented to achieve effective and efficient solutions. We examine extensions of the problem that include a continuous-time framework as well as the effect of stochastic demand.
Keywords: Inventory; Replenishment staggering; Symmetry reduction; Heuristics (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221716302016
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:254:y:2016:i:1:p:105-112
DOI: 10.1016/j.ejor.2016.03.055
Access Statistics for this article
European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati
More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().