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A heuristic approach for multiple item and location ordering problem with quantity discount and capacity constraint

Peng-Sheng You
2005 Journal of the Operational Research Society  
Non-stationary ordering policies for multi-item inventory systems subject to a single resource constraint and quantity discounts.  ...  Giider er al'° proposed an algorithm to develop non-stationary ordering policies for multi-item inventory systems with a single resource constraint.  ... 
doi:10.1057/palgrave.jors.2601811 fatcat:pnopip6w2zgh3n45lkfp2idfyi

Page 315 of The Journal of the Operational Research Society Vol. 56, Issue 3 [page]

2005 The Journal of the Operational Research Society  
Non-stationary ordering policies for multi-item inventory systems subject to a single resource constraint and quantity discounts. Comput Oper Res 24: 61-71.  ...  Capacitated multiple item ordering with incremental quantity discounts. J Opl Res Soc 45: 1197-1205. Tersine RJ, Barman S and Toelle RA (1995).  ... 

Periodic-Review Policy for a 2-Echelon Inventory Problem with Seasonal Demand

Noppadon Sakulsom, Wipawee Tharmmaphornphilas
2018 Engineering Journal  
This paper studies a two-level inventory system with one warehouse and retailers under seasonal demand. All locations apply periodic review base-stock policy with echelon stock concept.  ...  Three ways to determine inventory policies are proposed which are upper, lower and EOQ alternatives.  ...  Acknowledgement The Scholarship from the Graduate School, Chulalongkorn University to commemorate the 72 nd anniversary of his Majesty King Bhumibala Aduladeja is gratefully acknowledged.  ... 
doi:10.4186/ej.2018.22.6.117 fatcat:as7vaf4e55dfpcvomq45ccotcy

A literature review on models of inventory management under uncertainty

Serhii Ziukov
2015 Business Systems & Economics  
Formulating a suitable inventory model is one of the major concerns for an industry.  ...  Inventories are raw materials, work-in-process goods and completely finished goods that are considered to be the portion of business's assets that are ready or will be ready for sale.  ...  This publication reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.  ... 
doi:10.13165/vse-15-5-1-03 fatcat:lqabtewyjfhanlu7hmufxeonpu

Hierarchical production planning and multi-echelon inventory management

W.H.M. Zijm
1992 International Journal of Production Economics  
In this paper we present a framework for the planning and control of the materials flow in a multi-item production system.  ...  In order to motivate our study we first outline the basic architecture of a logistic control system developed at Philips Electronics.  ...  First we solve single stage systems (with leadtime I, ) for each individual end-item ~1, to determine order-up-to levels Scn) after which the solutions (y,,...  ... 
doi:10.1016/0925-5273(92)90072-f fatcat:ybllvkgif5fibijxkgzgxnpe2y

Simple Models and Insights for Warehouse Sizing

Gilles Cormier, Eldon A. Gunn
1996 Journal of the Operational Research Society  
RoTHBLUM (1990) On the single resource capacity problem for multi-item inventory systems. Opns Res. 38, 686-693. . S.  ...  Combining those models then allows the single- and multi-item warehouse sizing problems to be tackled. The final section presents a summary of findings and suggests areas for further research.  ... 
doi:10.1057/jors.1996.80 fatcat:ugw3ldkaibc7feevniaepcn2wi

The lot sizing problem: A tertiary study

Christoph H. Glock, Eric H. Grosse, Jörg M. Ries
2014 International Journal of Production Economics  
, and to find starting points if they intend to work in a new research direction.  ...  Our analysis shows that various extensions of Harris' lot size model were developed over the years, such as lot sizing models that include multi-stage inventory systems, incentives, or productivity issues  ...  Acknowledgements The authors wish to thank the special issue editors and the anonymous referees for their valuable suggestions that helped to improve an earlier version of this paper.  ... 
doi:10.1016/j.ijpe.2013.12.009 fatcat:u6phyex3vngipgdnnlg63p2i3y

Planned spontaneity for better product availability

Sridhar R. Tayur
2013 International Journal of Production Research  
(a) The strategic role of inventories in capturing revenue and market share, in addition to their traditional role as buffers, in our contemporary "customer--scarce Schumpeter's market."  ...  This invited article reflects the particular preoccupations of the author, which concern the parallel and connected development of academic models for managing inventories and their actual applications  ...  There are so many people who have helped make inventory models useful to practice ----ranging from my PhD students, faculty colleagues, co-authors and collaborators, SmartOps' employees and channel partners  ... 
doi:10.1080/00207543.2013.774507 fatcat:ilttdkfirvc2vansvarmjskofu

Flow Coordination and Information Sharing in Supply Chains: Review, Implications, and Directions for Future Research

Funda Sahin, E. Powell Robinson
2002 Decision Sciences  
Advances in information technology, particularly in the e-business arena, are enabling firms to rethink their supply chain strategies and explore new avenues for inter-organizational cooperation.  ...  We conclude by highlighting gaps in the current body of knowledge and identifying promising areas for future research.  ...  Adaptive base-stock policy for a single-item inventory system with deterministic lead-time, but subject to a stochastic non-stationary demand process.  ... 
doi:10.1111/j.1540-5915.2002.tb01654.x fatcat:7pa2g3liwjejvc44z75rgfkn3y


Yu-Chiun CHIOU, Lawrence W. LAN
2005 Journal of the Eastern Asia Society for Transportation Studies  
This paper develops optimal inventory models for a firm with multiple items and multiple branches by taking into account the price discount of sizable procurement and the scale economies of centralized  ...  The performances of pure policy (all items subject to adopting only one of the four strategies) and mixed policy (different items allowed to adopting different strategies) are compared.  ...  ACKNOWLEDGEMENTS The authors wish to thank Mr. Tony H. Shyu for providing the case study data.  ... 
doi:10.11175/easts.6.2809 fatcat:i3ji5pzw3rerfnr6gvykbqb26m

The value of VMI beyond information sharing in a single supplier multiple retailers supply chain under a non-stationary (Rn, Sn) policy

Devendra Choudhary, Ravi Shankar
2015 Omega : The International Journal of Management Science  
This study aims to determine the value of vendor-managed inventory (VMI) over independent decision making with information sharing (IS) under non-stationary stochastic demand with service-level constraints  ...  For this purpose, we utilize mixed-integer linear programming formulations to quantify the benefits that can be accrued by a supplier, multiple retailers and the system as a whole by switching from IS  ...  Acknowledgment We are grateful to the anonymous referees and editorial board for suggesting a number of improvements to an earlier draft of this paper.  ... 
doi:10.1016/ fatcat:lcipokz34bgj7nljultlfvbju4

Intelligent supply chain management using adaptive critic learning

S. Shervais, T.T. Shannon, G.G. Lendaris
2003 IEEE transactions on systems, man and cybernetics. Part A. Systems and humans  
A set of neural networks is employed to develop control policies that are better than fixed, theoretically optimal policies, when applied to a combined physical inventory and distribution system in a nonstationary  ...  Specifically, we show that model-based adaptive critic approximate dynamic programming techniques can be used with systems characterized by discrete valued states and controls.  ...  The order quantity is determined by the order-up-to quantity policy value UT(n,k,t).  ... 
doi:10.1109/tsmca.2003.809214 fatcat:iozw6g76gbbxxbhoojx5663qt4

Value of Advance Demand Information in Production and Inventory Systems with Shared Resources [chapter]

Fikri Karaesmen
2013 International Series in Operations Research and Management Science  
We explore the impact and the benefits of Advance Demand Information under optimal replenishment policies for two different supply chain structures, one without inventory sharing and the other with complete  ...  However, to exploit the potential of such information, replenishment policies must be adapted to the available information.  ...  Liberopoulos and Tsikis [34] propose a framework for describing production policies that incorporate advance order information for multi-stage production/inventory systems.  ... 
doi:10.1007/978-1-4614-6777-9_5 fatcat:z6aob6euc5expow4i6rqj54rqi

A Model and an Algorithm for a Large-Scale Sustainable Supplier Selection and Order Allocation Problem

Jong Soo Kim, Eunhee Jeon, Jiseong Noh, Jun Hyeong Park
2018 Mathematics  
Each supplier also has a preset requirement for minimum order quantity or minimum purchase amount.  ...  The buyer periodically orders items from chosen suppliers to refill inventory to preset levels.  ...  Acknowledgments: The authors would like to thank the editors and referees for their valuable comments to enhance the clarity of this paper.  ... 
doi:10.3390/math6120325 fatcat:q32vwgysibbnfjydo3lkqnynxa

A systematic review on supplier selection and order allocation problems

Sourour Aouadni, Ismahene Aouadni, Abdelwaheb Rebaï
2019 Journal of Industrial Engineering International  
The review presented in this paper focuses on the supplier selection problems (SSP) and order allocation from year 2000 to 2017 in which a new structure and classification of the existing research streams  ...  and the different MCDM methods and mathematical models used for SSP will be presented.  ...  Mazdeh et al. (2015) developed single-item dynamic lot-sizing problem with supplier selection and quantity discounts.  ... 
doi:10.1007/s40092-019-00334-y fatcat:yii2jrf6ofe53ewpmabca4ubum
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