Determination of economic packaging set-up frequency of jointly replenished items

Research output: Contribution to journalArticlepeer-review

Abstract

This paper deals with the problem of determining the economic operating policy for inventory items which are manufactured jointly but packaged individually. The proposed new approach is very simple and efficient. An extensive simulation study is presented so that the results of several heuristics (based on a wide range of data, measuring the number of optimal solutions, average error and maximum error) can be compared.

Original languageEnglish
Pages (from-to)165-168
Number of pages4
JournalJournal of the Operational Research Society
Volume42
Issue number2
DOIs
StatePublished - 1 Jan 1991

Keywords

  • Economic order policy
  • Joint replenishment
  • Set-up frequency

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