A model is presented, based on experience from a real-world warehouser, that provides insight as to how best to optimize replenishment. Further work is proposed to explore forecasting and to calculate needed storage capacities.
inventory, replenishment models, consignment, separable convex programming, linear programming, commissions
The files in this collection are protected by copyright law. No commercial reproduction or distribution of these files is permitted without the written permission of Southern Methodist University, Cox Business School. These files may be freely used for educational purposes, provided they are not altered in any way, and Southern Methodist University is cited. For more information, contact firstname.lastname@example.org.