Deriving the optimal cash deployment strategy for a network of ATMs involves the analysis of logistics costs, inventory policies as well as of the routing of replenishment vehicles. The optimal cash deployment strategy focuses on the reduction of cash-related expenses provided that ATMs do not run out of cash. In the paper, this rich vehicle routing problem is solved using genetic algorithm. Th...

This paper examines “distribution policies” — that is, combined system inventoryreplenishment, vehicle routing and inventory-allocation policies — designed to minimize total expected purchasing and inventory-management (i.e., inventory-holding and backordering) costs/period for a one-warehouse N-retailer “symmetric” distribution system managed under a periodic-review policy. With respect to dyn...

the location-routing problem is a relatively new branch of logistics system. its objective is to determine a suitable location for constructing distribution warehouses and proper transportation routing from warehouse to the customer. in this study, the location-routing problem is investigated with considering fuzzy servicing time window for each customer. another important issue in this regard ...

Traditional inventory routing problems ignore the time consumption in transportation. In this paper, an problem with air–land transportation and route-dependent lead times is studied. The model based on rolling horizon framework which can serve as a “here-and-now” approximation for multi-period problems. A planning crossing strategy proposed to consider effect of single-period decision long-ter...