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Replenishment policies for warehouse systems under cyclic demand

Replenishment policies for warehouse systems under cyclic demand This paper takes up the study of a distribution warehouse at the downstream end of a supply chain, from where the off-take of the product takes place. We study the behaviour of the warehouse system, in a discrete time-frame, for cyclical demand variations, and investigate its behaviour under different types of ordering/replenishment policies, and under practically achievable lags. Analytical solutions are obtained which provide good insights into the inherent characteristics of such replenishment policies. The last type of policy, of the moving average type, is shown to have superior performance characteristics compared to the other and conventional types. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Business Performance and Supply Chain Modelling Inderscience Publishers

Replenishment policies for warehouse systems under cyclic demand

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1758-9401
eISSN
1758-941X
DOI
10.1504/IJBPSCM.2013.053491
Publisher site
See Article on Publisher Site

Abstract

This paper takes up the study of a distribution warehouse at the downstream end of a supply chain, from where the off-take of the product takes place. We study the behaviour of the warehouse system, in a discrete time-frame, for cyclical demand variations, and investigate its behaviour under different types of ordering/replenishment policies, and under practically achievable lags. Analytical solutions are obtained which provide good insights into the inherent characteristics of such replenishment policies. The last type of policy, of the moving average type, is shown to have superior performance characteristics compared to the other and conventional types.

Journal

International Journal of Business Performance and Supply Chain ModellingInderscience Publishers

Published: Jan 1, 2013

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