Article ID: | iaor19932110 |
Country: | United Kingdom |
Volume: | 16 |
Start Page Number: | 81 |
End Page Number: | 90 |
Publication Date: | Jun 1992 |
Journal: | Mathematical and Computer Modelling |
Authors: | Brauer D.C., Naadimuthu G. |
Keywords: | inventory: storage, storage, programming: goal |
A mixed integer linear programming formulation for inventory and distribution planning of a central distribution center serving multiple retail outlets, is considered. This problem is transformed into a goal programming model based on preemptive ordering of three goals-aggregate inventory turnover, service level of filled demand and total system cost. A numerical example is solved using the linear programming software package LINDO on a VAX 11-750 computer system to illustrate the application of the approach. Solutions for all permutations of the prioritized goals are compared. Tradeoffs between the goals are considered for analyzing compromise solutions.