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Coordinated Ordering

  • Sven AxsäterEmail author
Chapter
  • 4.1k Downloads
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 225)

Abstract

In Chaps. 3, 4, 5, and 6 it was assumed that different items in an inventory could be controlled independently. We shall now leave this assumption and consider situations where there is a need to coordinate orders for different items. In this chapter we shall still, as in Chaps. 3, 4, 5, and 6, assume that the items are stocked at a single location. (Multi-stage inventory systems are dealt with in Chaps. 8, 9, and 10.) We consider traditional inventory costs and constraints, i.e., holding costs, ordering or setup costs, and backorder costs or service constraints.

Keywords

Cycle Time Setup Time Basic Period Setup Cost Safety Stock 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer International Publishing Switzerland 2015

Authors and Affiliations

  1. 1.Department of Industrial Management & LogisticsLund UniversityLundSweden

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