Some findings on joint replenishment of items with stochastic demand and backordering

Date

1988-1

Author

Gök, Yasemin
Şatir, Ahmet
Goyal, Suresh

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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Some findings on joint replenishment of items with stochastic demand and backordering are presented. The specific problem dealt with is the stock control of the spare parts in a petroleum company. Sensitivity analysis, analysis of variance and multiple regression analysis are carried out to study the effect of various factors on the cost savings achieved by joint replenishment policy over independent replenishment policy. Major findings of the study are discussed in conjunction with the results of a previous study from which the algorithm used was taken.

Subject Keywords

Engineering, Multidisciplinary

URI

https://hdl.handle.net/11511/52019

Journal

Engineering Costs and Production Economics

DOI

https://doi.org/10.1016/0167-188x(88)90026-2

Collections

Department of Industrial Engineering, Article

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Citation Formats

Y. Gök, A. Şatir, and S. Goyal, “Some findings on joint replenishment of items with stochastic demand and backordering,” Engineering Costs and Production Economics, pp. 125–133, 1988, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/52019.