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In this paper, we consider a newly-designed compact three-dimensional automated storage and retrieval system (AS/RS). The system consists of an automated crane taking care of movements in the horizontal and vertical direction. A gravity conveying mechanism takes care of the depth movement. Our...
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Compact, multi-deep (3D) automated storage and retrieval systems (AS/RS) are becoming increasingly popular for storing products with relatively low turnover on a compact area. An automated storage/retrieval crane takes care of movements in the horizontal and vertical direction in the rack, and a...
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We consider a stochastic joint replenishment problem (JRP) of coordinating the replenishment of a sequence of products. The base stock level and replenishment cycle of each product are determined to minimize the average total cost rate resulting from placing orders, holding, and backlogging...
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Purpose - This study examines the relationship between demand forecasting error and retail inventory management in an uncertain supplier yield context. Replenishment is segmented into off-season and peak-season, with the former characterized by longer lead times and higher supply uncertainty. In...
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