Cyclic ordering policies from capacitated suppliers under limited cycle time

Name: Cyclic ordering policies from capacitated suppliers under limited cycle time
Author: Ekici, Ali, Özener, Okan Örsan, Duran, S.

İsim	Cyclic ordering policies from capacitated suppliers under limited cycle time
Yazar	Ekici, Ali, Özener, Okan Örsan, Duran, S.
Basım Tarihi:	2019-02
Basım Yeri	- Elsevier
Konu	Capacitated suppliers, Cyclic ordering policy, Limited cycle time, Iterative heuristic algorithms
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	0360-8352
Kayıt Numarası	8f95bb48-ccdd-403f-bcbb-74d159146f89
Lokasyon	Industrial Engineering
Tarih	2019-02
Örnek Metin	In this paper, we study the ordering policy of a manufacturer/retailer which procures a single item from multiple capacitated suppliers and satisfies an exogenous deterministic and constant demand. Manufacturer's objective is to minimize total periodic ordering cost which has three components: (i) fixed ordering cost, (ii) variable purchasing cost, and (iii) inventory holding cost. We are interested in developing a cyclic ordering policy for the manufacturer where the orders are repeated with a certain frequency and the cycle length/time is limited by the manufacturer. We analyze two cases: (i) each supplier receives at most one order from the manufacturer in a cycle, and (ii) suppliers may receive multiple orders from the manufacturer in a cycle. We propose a novel iterative-natured heuristic framework to develop cyclic ordering policies. Computational experiments on randomly generated instances show that the proposed heuristic framework provides better results compared to other methods in the literature, especially in the presence of a restrictive cycle time limitation.
DOI	10.1016/j.cie.2018.12.048
Cilt	128

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Cyclic ordering policies from capacitated suppliers under limited cycle time

Yazar Ekici, Ali, Özener, Okan Örsan, Duran, S.

Basım Tarihi 2019-02

Basım Yeri - Elsevier

Konu Capacitated suppliers, Cyclic ordering policy, Limited cycle time, Iterative heuristic algorithms

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 0360-8352

Kayıt Numarası 8f95bb48-ccdd-403f-bcbb-74d159146f89

Lokasyon Industrial Engineering

Tarih 2019-02

Örnek Metin In this paper, we study the ordering policy of a manufacturer/retailer which procures a single item from multiple capacitated suppliers and satisfies an exogenous deterministic and constant demand. Manufacturer's objective is to minimize total periodic ordering cost which has three components: (i) fixed ordering cost, (ii) variable purchasing cost, and (iii) inventory holding cost. We are interested in developing a cyclic ordering policy for the manufacturer where the orders are repeated with a certain frequency and the cycle length/time is limited by the manufacturer. We analyze two cases: (i) each supplier receives at most one order from the manufacturer in a cycle, and (ii) suppliers may receive multiple orders from the manufacturer in a cycle. We propose a novel iterative-natured heuristic framework to develop cyclic ordering policies. Computational experiments on randomly generated instances show that the proposed heuristic framework provides better results compared to other methods in the literature, especially in the presence of a restrictive cycle time limitation.

DOI 10.1016/j.cie.2018.12.048

Cilt 128