Showing 1 - 6 of 6
In this paper, we investigate the performance measures of newsvendor model in an environment of customer balking, which occurs when customers are reluctant to buy a product if its available inventory falls below a threshold level. We derive the explicit expression of several performance measures...
Persistent link: https://www.econbiz.de/10010785057
We present a location routing model that considers the requirements of real-world small package shippers. It integrates the choice between self-operating and subcontracting a depot. Furthermore, we consider the relocation costs which occur when established networks are restructured. We present a...
Persistent link: https://www.econbiz.de/10010869128
This paper studies the simultaneous dock assignment and sequencing of inbound trucks for a multi-door cross docking operation with the objective to minimize total weighted tardiness, under a fixed outbound truck departure schedule. The problem is newly formulated and solved by six different...
Persistent link: https://www.econbiz.de/10010594376
The vehicle routing problem with stochastic demand (VRPSD) is a well known NP-hard problem. The uncharacteristic behaviour associated with the problem enhances the computational efforts required to obtain a feasible and near-optimal solution. This paper proposes an algorithm portfolio...
Persistent link: https://www.econbiz.de/10010594382
Very large numbers of inventory items complicate the inventory control process. Companies categorize their inventory items into a few groups and take similar inventory control policies for the items in each group to overcome this problem. In this regard many grouping methods have been proposed....
Persistent link: https://www.econbiz.de/10010580581
The cutting of logs when the sawing pattern must be defined to produce boards that satisfy a pre-established demand presents a particularly interesting problem. This problem can be reduced to one of optimal bi-dimensional packing of rectangles in a circular container, which we call the problem...
Persistent link: https://www.econbiz.de/10011043288