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

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

0.00 Avg rating0 Votes
Article ID: iaor19911880
Country: United Kingdom
Volume: 42
Issue: 2
Start Page Number: 165
End Page Number: 168
Publication Date: Feb 1991
Journal: Journal of the Operational Research Society
Authors:
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.

Reviews

Required fields are marked *. Your email address will not be published.