Shared storage policies based on the duration stay of unit loads

Shared storage policies based on the duration stay of unit loads

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Article ID: iaor1991934
Country: United States
Volume: 36
Issue: 9
Start Page Number: 1120
End Page Number: 1132
Publication Date: Sep 1990
Journal: Management Science
Authors: ,
Keywords: inventory, storage
Abstract:

This paper addresses duration-of-stay-based shared storage policies for a unit load warehouse. The authors show that, for single command storage and retrieval, shared storage policies based on duration of stay of individual unit loads have the potential to significantly decrease travel time. An optimal storage policy with respect to travel time and storage space is developed for systems with balanced input and output. Based on the same principles, two heuristic policies are developed for more complex systems. Simulation results are provided which compare travel times for dedicated storage, random storage, turnover-based storage classes, and duration-of-stay-based storage classes.

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