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DETERMINATION OF OPTIMUM PACKAGING FREQUENCY OF ITEMS JOINTLY REPLENISHED.

Authors :
Goyal, S. K.
Source :
Management Science; Dec1974, Vol. 21 Issue 4, p436-443, 8p
Publication Year :
1974

Abstract

This paper presents a systematic procedure for obtaining the optimum packaging frequencies for a number of items which are manufactured jointly but packaged individually immediately after manufacture. The method described in the paper is equally applicable to those problems where the optimum purchasing policy is to be obtained for a number of items procured from a single supplier. An example involving twenty jointly replenished items is solved to illustrate the procedure given in the paper. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00251909
Volume :
21
Issue :
4
Database :
Complementary Index
Journal :
Management Science
Publication Type :
Academic Journal
Accession number :
7160266
Full Text :
https://doi.org/10.1287/mnsc.21.4.436