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A production planning problem with stochastic demands is considered in this paper. The problem is to determine over a given time horizon the production quantity of each intermediate/final product at each facility of finite capacity so that a system-wide total cost is minimised while meeting...
Persistent link: https://www.econbiz.de/10008563652
Direct shipping strategy is an easy-to-implement distribution strategy frequently used in industrial distribution systems. In this paper, an analytic method is developed for performance evaluation of the strategy for the infinite horizon inventory routing problem with delivery frequency...
Persistent link: https://www.econbiz.de/10008483350
In this paper, we present a cut-and-solve (CS) based exact algorithm for the Single Source Capacitated Facility Location Problem (SSCFLP). At each level of CS’s branching tree, it has only two nodes, corresponding to the Sparse Problem (SP) and the Dense Problem (DP), respectively. The SP,...
Persistent link: https://www.econbiz.de/10010597620
A new retail facility is to locate and its service quality is to determine where similar facilities of competitors offering the same goods are already present. The market share captured by each facility depends on its distance to customers and its quality, which is described by a probabilistic...
Persistent link: https://www.econbiz.de/10010574142
We consider the infinite horizon inventory routing problem in a three-level distribution system with a vendor, a warehouse and multiple geographically dispersed retailers. In this problem, each retailer faces a demand at a deterministic, retailer-specific rate for a single product. The demand of...
Persistent link: https://www.econbiz.de/10008865045
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For a profit allocation game, one key issue is to find a fair allocation of profit among its players. In this paper, a proportional egalitarian core solution is proposed, which defines in the core of a game an allocation that takes account of each player's contribution to the grand coalition....
Persistent link: https://www.econbiz.de/10011207815
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