On the efficiency of optimal algorithms for the joint replenishment problem: a comparative study

In this paper we proposed an efficient algorithm to solve the joint replenishment problem to optimality. We perform a computational study to compare the performance of the proposed algorithm with the best one reported in Viswanathan [6]. The study reveals that for large minor set-up costs and moderate major set-up cost, our algorithm outperforms the latter.

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Year of publication:	2004-08-12
Authors:	Dekker, Rommert ; Porras Musalem, Porras Musalem, E.
Institutions:	Faculteit der Economische Wetenschappen, Erasmus Universiteit Rotterdam
Subject:	deterministic demand \| inventory \| joint replenishment

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Extent:	application/pdf
Series:	Econometric Institute Research Papers. - ISSN 1566-7294.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series RePEc:ems:eureir Number EI 2004-33
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010731901