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1.1. Report No. 1 dealt with the simple warehouse
model in a static sense. This was sufficient, the
only consideration being optimisation of handling,
i.e. the problem posed was spatial.
The problem becomes a dynamic one as soon as stock
policies are taken into consideration, that is, as
soon as the time dimension enters the problem.
1.2. Section 3 of this report deals with the most
usual of stock policies, FIFO. Section 4 discusses
the rarer policies of MINDIS, - a phrase coined by
the author to describe the policy of minimising
movement in the warehouse regardless of age of stock,
- and LIFO. Section 5 details the mathematics
used. |
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