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Note--On the Optimal Packaging Frequency of Products Jointly Replenished

Author

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  • Fred M. Andres

    (Engineering Economics Associates Inc., Berkeley, California)

  • Hamilton Emmons

    (Case Western Reserve University)

Abstract

Goyal [Goyal, S. K. 1974. Determination of the optimum packaging frequency of items jointly replenished. Management Sci. 21 (4, December) 436-443.] proposes an algorithm for the purposes of determining the optimal packaging frequency of products that may be jointly replenished. Each time a packaging run is made, costs include a fixed setup cost independent of the number of products packaged, plus an extra setup cost for each product packaged. Holding costs are assumed constant per unit of product per unit time, demand per item is constant, and no back-logging is allowed. While Goyal's algorithm probably gives a good solution, we note some shortcomings.

Suggested Citation

  • Fred M. Andres & Hamilton Emmons, 1976. "Note--On the Optimal Packaging Frequency of Products Jointly Replenished," Management Science, INFORMS, vol. 22(10), pages 1165-1168, June.
    • Handle: RePEc:inm:ormnsc:v:22:y:1976:i:10:p:1165-1168
    DOI: 10.1287/mnsc.22.10.1165
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    Cited by:

    1. Porras Musalem, E. & Dekker, R., 2004. "On the efficiency of optimal algorithms for the joint replenishment problem: a comparative study," Econometric Institute Research Papers EI 2004-33, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    2. Zhang, Ren-Qian, 2012. "An extension of partial backordering EOQ with correlated demand caused by cross-selling considering multiple minor items," European Journal of Operational Research, Elsevier, vol. 220(3), pages 876-881.
    3. Francisco Silva & Lucia Gao, 2013. "A Joint Replenishment Inventory-Location Model," Networks and Spatial Economics, Springer, vol. 13(1), pages 107-122, March.
    4. Hoque, M.A., 2006. "An optimal solution technique for the joint replenishment problem with storage and transport capacities and budget constraints," European Journal of Operational Research, Elsevier, vol. 175(2), pages 1033-1042, December.

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