Multiple product inventory policies with unit load and storage space considerations

Susan Schall, Jeya Chandra

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

In this paper the appropriate unit load for each product in a multi-product inventory system is determined and used to calculate the best policy given limited storage space. An inventory system with constant demand and replenishments rates is considered. The Economic Unit Load (EUL) method is revised to include multiple container types and the Equal Order Interval (EOI) method is extended to consider unit loads and finite replenishment rates. The methods are compared using total cost and average space utilization as the criteria.

Original languageEnglish (US)
Pages (from-to)245-256
Number of pages12
JournalEngineering Costs and Production Economics
Volume16
Issue number4
DOIs
StatePublished - Jul 1989

Fingerprint

Containers
Economics
Costs
Inventory policy
Inventory systems
Replenishment
Container
Space utilization
Interval order

All Science Journal Classification (ASJC) codes

  • Engineering(all)

Cite this

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Multiple product inventory policies with unit load and storage space considerations. / Schall, Susan; Chandra, Jeya.

In: Engineering Costs and Production Economics, Vol. 16, No. 4, 07.1989, p. 245-256.

Research output: Contribution to journalArticle

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