Abstract

The inventory-staggering problem is a multi-item inventory problem in which replenishment cycles are scheduled or offset in order to minimize the maximum inventory level over a given planning horizon. We incorporate symmetry-breaking constraints in a mixed-integer programming model to determine optimal and near-optimal solutions. Local-search heuristics and evolutionary polishing heuristics are also presented to achieve effective and efficient solutions. We examine extensions of the problem that include a continuous-time framework as well as the effect of stochastic demand.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.