Journal of Korean Institute of Industrial Engineers (대한산업공학회지)
- Volume 24 Issue 4
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- Pages.579-589
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- 1998
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- 1225-0988(pISSN)
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- 2234-6457(eISSN)
An Approach to Determining Storage Capacity of an Automated Storage/Retrieval System under Full Turnover-Based Policy
물품회전율을 기준으로 한 저장정책하에서 자동창고의 저장규모 결정방법
Abstract
Full turnover-based storage policy (FULL) is often used to minimize the travel time needed to perform storage/retrieval operations in automated storage/retrieval systems (AS/RSs). This paper presents an approach for determining the required storage capacity for a unit load AS/RS under the FULL. An analytic model is formulated such that the total cost related to storage space and space shortage is minimized while satisfying a desired service level. To solve the model, some analytic properties are derived and based on them, an iterative search algorithm which always generates optimal solutions is developed. To illustrate the validity of the approach, an application is provided when the standard economic-order-quantity inventory model is used.
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