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A new heuristics to solve the Joint Replenishment Problem using a spread-sheet technique
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering.
University of Amsterdam.
2004 (English)Conference paper, Oral presentation only (Refereed)
Abstract [en]

In this paper, a heuristic method is presented which gives a novel approach to solve joint replenishment problems (JRP) with strict cycle policies. The heuristic solves the JRP in an iterative procedure and is based on a spreadsheet technique. The principle of the recursion procedure is to find a balance between the replenishment and inventory holding costs for the different items by adjusting the replenishment frequencies. The heuristic is also tested according to an extensive test template and shows pleasing results. It also performs well in comparison with many other heuristics.

Place, publisher, year, edition, pages
2004.
National Category
Production Engineering, Human Work Science and Ergonomics
Research subject
Industrial Logistics
Identifiers
URN: urn:nbn:se:ltu:diva-39242Local ID: de42e330-77d0-11db-962b-000ea68e967bOAI: oai:DiVA.org:ltu-39242DiVA: diva2:1012752
Conference
International Symposium on Inventories : 22/08/2004 - 24/08/2004
Note
Godkänd; 2004; 20061119 (ysko)Available from: 2016-10-03 Created: 2016-10-03Bibliographically approved

Open Access in DiVA

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf