The bounded beam search algorithm for the block relocation problem

•New lower bound for the Block Relocation Problem.•New beam search heuristic algorithm for the Block Relocation Problem.•Extended computational experiments. In this paper we deal with the restricted Block Relocation Problem. We present a new lower bound and a heuristic approach for the problem. The proposed lower bound can be computed in polynomial time and it is provably better than some previously known lower bounds. We use it within a bounded beam search algorithm to solve the Block Relocation Problem and show that the considered heuristic approach outperforms the other existing algorithms on most of the instances in the literature. In order to test the approaches on real-size dimensions, new large instances of the Block Relocation Problem are also introduced.