A joint replenishment inventory location model

Silva, Francisco; Gao, Lucia

http://hdl.handle.net/10400.3/2337

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Authors

Silva, Francisco

Gao, Lucia

Abstract(s)

We introduce a distribution center location model that incorporates joint replenishment inventory costs at the distribution centers. The model is formulated as a Fixed Charge Location Problem (FCLP) which objectively considers not only location specific costs but also inventory replenishment costs. In the joint replenishment problem we consider a single item and several distribution centers in different locations and apply a similar algorithm to the one used to solve the multi-item problem. We propose a Greedy Randomized Adaptive Search Procedure (GRASP) to solve the problem.

Description

Keywords

Inventory Location Joint Replenishment

URI

http://hdl.handle.net/10400.3/2337

Citation

Silva, Francisco; Gao, Lucia (2012). "A joint replenishment inventory location model", «Networks and Spatial Economics», 13(1): 107-122. http://dx.doi.org/10.1007/s11067-012-9174-2.