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Erschienen in: Journal of Intelligent Manufacturing 3/2017

25.12.2014

Optimal lot-sizing and joint replenishment strategy under a piecewise linear warehousing cost structure

verfasst von: Ming-Jong Yao, Jia-Yen Huang

Erschienen in: Journal of Intelligent Manufacturing | Ausgabe 3/2017

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Abstract

In the general lot-sizing replenishment problem, warehousing costs are considered as part of the inventory holding cost. When decision makers need warehouse space to store their products, they generally think about the warehousing cost as included in the inventory cost. In this study, we investigate an optimal lot-sizing and replenishment problem under a piecewise linear warehousing cost structure. Theoretical analysis of the optimality structure of a model of multiple stock-keeping units with joint inventory costs is conducted, and an effective search algorithm is proposed. Based on our random experiments, we demonstrate that our search algorithm outperforms the approach that the existing literature offers as solution.

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Metadaten
Titel
Optimal lot-sizing and joint replenishment strategy under a piecewise linear warehousing cost structure
verfasst von
Ming-Jong Yao
Jia-Yen Huang
Publikationsdatum
25.12.2014
Verlag
Springer US
Erschienen in
Journal of Intelligent Manufacturing / Ausgabe 3/2017
Print ISSN: 0956-5515
Elektronische ISSN: 1572-8145
DOI
https://doi.org/10.1007/s10845-014-1027-z

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