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We study a joint assortment and inventory optimization problem faced by an online retailer who needs to decide on both the assortment along with the inventories of a set of N substitutable products before the start of the selling season to maximize the expected profit. The problem raises both...
Persistent link: https://www.econbiz.de/10014088767
In this paper we propose a Branch and Price algorithm for solving multi-periodsingle-sourcing problems. In particular, we generalize a Branch and Price algorithm thatwas developed for the Generalized Assignment Problem (GAP) to a class of convexassignment problems. We then identify an important...
Persistent link: https://www.econbiz.de/10010324440
We consider a model for a serial supply chain in which production, inventory, and transportation decisions are integrated, in the presence of production capacities and for different transportation cost functions. The model we study is a generalization of the traditional single-item economic...
Persistent link: https://www.econbiz.de/10010324804
In this chapter we have described the state of the art in solving the Generalized Assignment Problem, as well as many extensions thereof. The approach we have taken is to generalize the GAP to a much larger class of Convex Assignment Problems, show that many of the extensions of the GAP proposed...
Persistent link: https://www.econbiz.de/10011425401
In this paper we consider a model for integrating transportation and inventory decisions in a three-level logistics network consisting of plants, warehouses, and retailers (or customers). Our model includes production and throughout capacity constraints, and minimizes production, holding, and...
Persistent link: https://www.econbiz.de/10011425402
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The multi-period single-sourcing problem that we address in this paper can be used as a tool for evaluating logistics network designs in a dynamic environment. We consider the assignment of retailers to facilities, taking into account the timing, location, and size of production and inventories,...
Persistent link: https://www.econbiz.de/10011425842
We present a framework for solving the strategic problem of assigning retailers to facilities in a multi-period single-sourcing product environment under uncertainty in the demand from the retailers and the cost of production, inventory holding, backlogging and distribution of the product. By...
Persistent link: https://www.econbiz.de/10011425874