4OR-Q J Oper Res
DOI 10.1007/s10288-017-0362-2
RESEARCH PAPER
The inventory replenishment planning and staggering
problem: a bi-objective approach
Fayez F. Boctor
1
· Marie-Claude Bolduc
1
Received: 7 April 2016 / Revised: 17 October 2017
© Springer-Verlag GmbH Germany, part of Springer Nature 2017
Abstract To the best of our knowledge, this paper is the first one to suggest formu-
lating the inventory replenishment problem as a bi-objective decision problem where,
in addition to minimizing the sum of order and inventory holding costs, we should
minimize the required storage space. Also, it develops two solution methods, called
the exploratory method (EM) and the two-population evolutionary algorithm (TPEA),
to solve the problem. The proposed methods generate a near-Pareto front of solutions
with respect to the considered objectives. As the inventory replenishment problem
have never been formulated as a bi-objective problem and as the literature does not
provide any method to solve the considered bi-objective problem, we compared the
results of the EM to three versions of the TPEA. The results obtained suggest that
although the TPEA produces good near-Pareto solutions, the decision maker can apply
a combination of both methods and choose among all the obtained solutions.
Keywords Evolutionary algorithms · Multi-criteria decision making · Pareto
optimization · Inventory management · Heuristics
Mathematics Subject Classification 90B05 · 90B50
1 Introduction
The inventory replenishment planning problem is a central problem in the area of sup-
ply chain management. It involves two important decisions: The lot sizing decision or
the determination of the quantities to order, and the determination of replenishment
dates (or schedule). Several objectives may be taken into consideration in making these
B Fayez F. Boctor
fayez.boctor@fsa.ulaval.ca
1
Centre interuniversitaire de recherché sur les réseaux d’entreprises, la logistique et le transport
(CIRRELT), Faculté des sciences de l’administration, Université Laval, Quebec City, Canada
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