Investigating Joint Replenishment Inventory Models

Shumnij, Joonnajak (2010) Investigating Joint Replenishment Inventory Models. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

The purpose of this project is to explore the usefulness of joint replenishment inventory model on a soft drinks company and their major wholesalers. In order to investigate the

performance of joint replenishment, the simulation of the inventory system is performed for three different models including the EOQ model, adjusted EOQ model, and joint replenishment inventory model. In this study, the approach taken is quantitative due to the fact that linear programming and spreadsheet are used extensively throughout the project.

The main findings from this study include the performance of the EOQ model, adjusted EOQ model, and joint replenishment model in terms of the total inventory cost, average inventory level, and the service level.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 21 Jan 2011 09:24
Last Modified: 22 Oct 2016 15:34
URI: http://eprints.nottingham.ac.uk/id/eprint/24177

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