Poor inventory management at the local warehouse for Furniture City has led to overstocking of many items

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Poor inventory management at the local warehouse for Furniture City has led to overstocking of many items and frequent shortages of some others. To begin to rectify this situation, the 20 most popular kitchen sets in Furniture City’s kitchen department have just been identified. These kitchen sets are composed of up to eight features in a variety of styles, so each of these styles should be well stocked in the warehouse. However, the limited amount of warehouse space allocated to the kitchen department means that some difficult stocking decisions need to be made. After gathering the relevant data for the 20 kitchen sets, BIP now needs to be applied to determine how many of each feature and style Furniture City should stock in the local warehouse under three different scenarios.
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Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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