Model and algorithm of an inventory problem with the consideration of transportation cost

نویسندگان

  • Qiuhong Zhao
  • Shouyang Wang
  • Kin Keung Lai
  • Guoping Xia
چکیده

In this paper, we address the problem of deciding the optimal ordering quantity and frequency for a supplier– retailer logistic system in which the transportation cost as well as the multiple uses of the vehicles are considered. Based on the traditional economic order quantity (EOQ) formula, a modified EOQ model is set up and an algorithm for the model is presented. Computational results verify the proposed model as well as the efficiency of the algorithm. q 2004 Published by Elsevier Ltd.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

A New Multi-Objective Inventory-Routing Problem by an Imperialist Competitive Algorithm

One of the most important points in a supply chain is customer-driven modeling, which reduces the bullwhip effect in the supply chain, as well as the costs of investment on the inventory and efficient transshipment of the products. Their homogeneity is reflected in the inventory-routing problem, which is a combination of distribution and inventory management. This paper considers a multi object...

متن کامل

An Integrated Queuing Model for Site Selection and Inventory Storage Planning of a Distribution Center with Customer Loss Consideration

    Discrete facility location,   Distribution center,   Logistics,   Inventory policy,   Queueing theory,   Markov processes, The distribution center location problem is a crucial question for logistics decision makers. The optimization of these decisions needs careful attention to the fixed facility costs, inventory costs, transportation costs and customer responsiveness. In this paper we stu...

متن کامل

Modeling and Analyzing Incremental Quantity Discounts in Transportation Costs for a Joint Economic Lot Sizing Problem

Joint economic lot sizing (JELS) addresses integrated inventory models in a supply chain. Most of the studies in this field either do not consider the role of the transportation cost in their analysis or consider transportation cost as a fixed part of the ordering costs. In this article, a model is developed to analyze an incremental quantity discount in transportation cost. Appropriate equatio...

متن کامل

An Extended Compact Genetic Algorithm for Milk Run Problem with Time Windows and Inventory Uncertainty

In this paper, we introduce a model  to optimization of milk run system that is one of VRP problem with time window and uncertainty in inventory. This approach led to the routes with minimum cost of transportation while satisfying all inventory in a given bounded set of uncertainty .The problem is formulated as a robust optimization problem. Since the resulted problem illustrates that grows up ...

متن کامل

A parameter-tuned genetic algorithm for vendor managed inventory model for a case single-vendor single-retailer with multi-product and multi-constraint

This paper develops a single-vendor single-retailer supply chain for multi-product. The proposed model is based on Vendor Managed Inventory (VMI) approach and vendor uses the retailer's data for better decision making. Number of orders and available capital are the constraints of the model. In this system, shortages are backordered; therefore, the vendor’s warehouse capacity is another limitati...

متن کامل

Solving a New Multi-objective Inventory-Routing Problem by a Non-dominated Sorting Genetic Algorithm

This paper considers a multi-period, multi-product inventory-routing problem in a two-level supply chain consisting of a distributor and a set of customers. This problem is modeled with the aim of minimizing bi-objectives, namely the total system cost (including startup, distribution and maintenance costs) and risk-based transportation. Products are delivered to customers by some heterogeneous ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:
  • Computers & Industrial Engineering

دوره 46  شماره 

صفحات  -

تاریخ انتشار 2004