Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
475274 | Computers & Operations Research | 2010 | 12 Pages |
Abstract
This paper discusses inventory models over an infinite planning horizon with constant demand rate and two modes of transportation. These transportation options include truckloads and a less than truckload carrier. An optimal algorithm is derived for a one-warehouse one-retailer system. A power-of-two heuristic algorithm is also proposed for a one-warehouse multi-retailer system. Computational results are provided to show that, on the average, the heuristic algorithm is at least 94% effective.
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Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
B.Q. Rieksts, José A. Ventura,