An Innovative Heuristic in Multi-Item Replenishment Problem for One Warehouse and N Retailers
| Main Authors: | Praharsi, Yugowati; Department of Information Technology, Satya Wacana Christian University, Jl. Diponegoro 52-60, Salatiga 50711, Nataliani, Yessica; Department of Information Technology, Satya Wacana Christian University, Jl. Diponegoro 52-60, Salatiga 50711, Wee, Hui-Ming; Department of Industrial and System Engineering, Chung Yuan Christian University, Chung Pei Rd. 200, Chung Li, 32023 |
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| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Institute of Research and Community Outreach - Petra Christian University
, 2014
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| Subjects: | |
| Online Access: |
http://jurnalindustri.petra.ac.id/index.php/ind/article/view/18960 http://jurnalindustri.petra.ac.id/index.php/ind/article/view/18960/18631 |
Daftar Isi:
- Joint replenishment problem (JRP) is a type of inventory model which aims to minimize the total inventory cost consisting of major ordering cost, minor ordering cost and inventory holding cost. Different from previous papers, this study considers one warehouse, multi items and N retailers. An innovative heuristic approach is developed to solve the problem. In this paper, we consider a multi echelon inventory system and seek to find a balance between the order cost and the inventory holding costs at each installation. The computational results show that the innovative heuristic provides a near exact optimal solution, but is more efficient in terms of the computational time and the iteration number.