Please use this identifier to cite or link to this item: https://doi.org/10.1002/nav.10
DC FieldValue
dc.titleWarehouse sizing to minimize inventory and storage costs
dc.contributor.authorGoh, M.
dc.contributor.authorJihong, O.
dc.contributor.authorChung-Piaw, T.
dc.date.accessioned2013-10-10T04:37:49Z
dc.date.available2013-10-10T04:37:49Z
dc.date.issued2001
dc.identifier.citationGoh, M., Jihong, O., Chung-Piaw, T. (2001). Warehouse sizing to minimize inventory and storage costs. Naval Research Logistics 48 (4) : 299-312. ScholarBank@NUS Repository. https://doi.org/10.1002/nav.10
dc.identifier.issn0894069X
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/44924
dc.description.abstractThis paper considers a warehouse sizing problem whose objective is to minimize the total cost of ordering, holding, and warehousing of inventory. Unlike typical economic lot sizing models, the warehousing cost structure examined here is not the simple unit rate type, but rather a more realistic step function of the warehouse space to be acquired. In the cases when only one type of stock-keeping unit (SKU) is warehoused, or when multiple SKUs are warehoused, but, with separable inventory costs, closed form solutions are obtained for the optimal warehouse size. For the case of multi-SKUs with joint inventory replenishment cost, a heuristic with a provable performance bound of 94% is provided.
dc.description.urihttp://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1002/nav.10
dc.sourceScopus
dc.subjectInventory control
dc.subjectJoint replenishment
dc.subjectThird party warehousing
dc.subjectWarehouse size
dc.typeArticle
dc.contributor.departmentDECISION SCIENCES
dc.description.doi10.1002/nav.10
dc.description.sourcetitleNaval Research Logistics
dc.description.volume48
dc.description.issue4
dc.description.page299-312
dc.description.codenNRLOE
dc.identifier.isiut000168139800005
Appears in Collections:Staff Publications

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