Open Access. Powered by Scholars. Published by Universities.®

Operations Research, Systems Engineering and Industrial Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

Series

11th IMHRC Proceedings (Milwaukee, Wisconsin. USA – 2010)

Demand rates

Articles 1 - 1 of 1

Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Class-Based Storage With A Finite Number Of Items, Yugang Yu, René B.M. De Koster Sep 2010

Class-Based Storage With A Finite Number Of Items, Yugang Yu, René B.M. De Koster

11th IMHRC Proceedings (Milwaukee, Wisconsin. USA – 2010)

ABC class-based storage is widely studied in literature and applied practice. It divides all stored items into a limited number of classes according to their demand rates (turnover per unit time). Classes of items with higher turnovers are stored in a region closer to the warehouse depot. In literature, it is commonly shown that the use of more storage classes leads to shorter travel time for storing and retrieving items. A basic assumption in this literature commonly is that the required storage space of items equals their average inventory levels, which is right if an infinite number of items are …