Multiple product inventory policies with unit load and storage space considerations

In this paper the appropriate unit load for each product in a multi-product inventory system is determined and used to calculate the best policy given limited storage space. An inventory system with constant demand and replenishments rates is considered. The Economic Unit Load (EUL) method is revised to include multiple container types and the Equal Order Interval (EOI) method is extended to consider unit loads and finite replenishment rates. The methods are compared using total cost and average space utilization as the criteria.