Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
477738 | European Journal of Operational Research | 2008 | 18 Pages |
Abstract
This paper presents an integrated inventory distribution optimization model that simultaneously incorporates the issues of location, production, inventory, and transportation within a supply chain. The objective is to determine the optimal number and size of shipments under varying but commonly practiced production and shipping scenarios. A continuous approximation procedure is proposed to determine the optimal number and size of shipments. Three production and shipping scenarios are investigated and closed form expressions for the optimal number of shipments for each scenario are obtained. A numerical example is presented to demonstrate the usefulness of the model.
Related Topics
Physical Sciences and Engineering
Computer Science
Computer Science (General)
Authors
Nikhil A. Pujari, Trevor S. Hale, Faizul Huq,