Detailed Information

Cited 0 time in webofscience Cited 0 time in scopus
Metadata Downloads

비정상적 수요를 갖는 품목들의 통합발주정책Joint Replenishment Policy for Items with Non-stationary Demands

Other Titles
Joint Replenishment Policy for Items with Non-stationary Demands
Authors
양영현김종수김태영
Issue Date
Jun-2012
Publisher
대한산업공학회
Keywords
Inventory Control; Joint Replenishment Problem; Non-stationary Demand
Citation
대한산업공학회지, v.38, no.2, pp 116 - 124
Pages
9
Indexed
KCI
Journal Title
대한산업공학회지
Volume
38
Number
2
Start Page
116
End Page
124
URI
https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/35102
ISSN
1225-0988
Abstract
This paper concerns a joint replenishment problem for a single buyer who sells multiple types of items to end-customers. The buyer periodically replenishes the inventory of each item to a preset order-up-to-level to satisfy the end customers’ demands, which may be non-stationary. A joint replenishment policy characterized by variable order-up-to-levels is proposed for the buyer who wishes to minimize the expected cost of operating the retail system. The proposed policy starts each period by calculating the expected cost of ordering and not ordering action based on the information of the current inventory position and forecasted demand for the upcoming period. It then takes advantage of an integer programming model to get a cost effective joint replenishment plan. Computer experiment was performed to test efficiency of the proposed policy. When compared with the most efficient policy currently available, our policy showed a considerable cost savings especially for the problems having non-stationary demands.
Files in This Item
Go to Link
Appears in
Collections
COLLEGE OF ENGINEERING SCIENCES > DEPARTMENT OF INDUSTRIAL & MANAGEMENT ENGINEERING > 1. Journal Articles

qrcode

Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.

Altmetrics

Total Views & Downloads

BROWSE