Determining the Optimum Ordering Policy in Multi-Item Joint Replenishment Problem Using a Novel Method
This work investigates the joint replenishment problem (JRP) involving multiple items where economies exist for replenishing several items simultaneously. The demand rate for each item is known and constant. Shortages are not permitted and lead times are negligible. Many heuristic algorithms have be...
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| Format: | Article |
| Language: | English |
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Hindawi Limited
2013-01-01
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| Series: | Mathematical Problems in Engineering |
| Online Access: | http://dx.doi.org/10.1155/2013/469794 |