A Decomposition Approach for the Inventory-Routing Problem
نویسندگان
چکیده
منابع مشابه
A Decomposition Approach for the Inventory-Routing Problem
I this paper, we present a solution approach for the inventory-routing problem. The inventory-routing problem is a variation of the vehicle-routing problem that arises in situations where a vendor has the ability to make decisions about the timing and sizing of deliveries, as well as the routing, with the restriction that customers are not allowed to run out of product. We develop a two-phase a...
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Vendor managed inventory replenishment is a business practice in which vendors monitor their customers’ inventories, and decide when and how much inventory should be replenished. The inventory routing problem addresses the coordination of inventory management and transportation. It needs to be solved to design a strategy that realizes the potential savings in inventory and transportation costs ...
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Vendor managed resupply is an emerging trend in logistics and refers to a situation in which a supplier manages the inventory replenishment of its customers. Vendors save on distribution cost by being able to better coordinate deliveries to different customers, and customers do not have to dedicate resources to inventory management anymore. We present and discuss the inventory routing problem. ...
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ژورنال
عنوان ژورنال: Transportation Science
سال: 2004
ISSN: 0041-1655,1526-5447
DOI: 10.1287/trsc.1030.0054