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Offsetting inventory replenishment cycles to minimize storage space

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  • Boctor, Fayez F.

Abstract

In a recent paper, [Murthy, N.N., Benton, W.C., Rubin, P.A., 2003. Offsetting inventory cycles of items sharing storage. European Journal of Operational Research 150, 304-319] discussed the problem of offsetting inventory replenishment cycles of several items in order to minimize the maximum required storage space. They analyzed the case where replenishment cycles are given integer multiples of a basic period and proposed a heuristic to solve the problem. While they provided a good analysis of the considered problem, the proposed heuristic produces less interesting results. In the following, a simpler, more efficient and easier to implement heuristic is proposed. Numerical results are provided to prove its superiority.

Suggested Citation

  • Boctor, Fayez F., 2010. "Offsetting inventory replenishment cycles to minimize storage space," European Journal of Operational Research, Elsevier, vol. 203(2), pages 321-325, June.
    • Handle: RePEc:eee:ejores:v:203:y:2010:i:2:p:321-325
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    References listed on IDEAS

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    1. Meir J. Rosenblatt & Uriel G. Rothblum, 1990. "On the Single Resource Capacity Problem for Multi-Item Inventory Systems," Operations Research, INFORMS, vol. 38(4), pages 686-693, August.
    2. Shoshana Anily, 1991. "Multi-Item Replenishment and Storage Problem (MIRSP): Heuristics and Bounds," Operations Research, INFORMS, vol. 39(2), pages 233-243, April.
    3. Murthy, Nagesh N. & Benton, W. C. & Rubin, Paul A., 2003. "Offsetting inventory cycles of items sharing storage," European Journal of Operational Research, Elsevier, vol. 150(2), pages 304-319, October.
    4. Klaus Zoller, 1977. "Deterministic Multi-Item Inventory Systems with Limited Capacity," Management Science, INFORMS, vol. 24(4), pages 451-455, December.
    5. Guillermo Gallego & Maurice Queyranne & David Simchi-Levi, 1996. "Single Resource Multi-Item Inventory Systems," Operations Research, INFORMS, vol. 44(4), pages 580-595, August.
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    Cited by:

    1. Beemsterboer, Bart & Teunter, Ruud & Riezebos, Jan, 2016. "Two-product storage-capacitated inventory systems: A technical note," International Journal of Production Economics, Elsevier, vol. 176(C), pages 92-97.
    2. Dorit S. Hochbaum & Xu Rao, 2019. "The Replenishment Schedule to Minimize Peak Storage Problem: The Gap Between the Continuous and Discrete Versions of the Problem," Operations Research, INFORMS, vol. 67(5), pages 1345-1361, September.
    3. Fayez F. Boctor & Marie-Claude Bolduc, 2018. "The inventory replenishment planning and staggering problem: a bi-objective approach," 4OR, Springer, vol. 16(2), pages 199-224, June.

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