This research work develops a decision support model for a network design problem concerning a spare parts closed loop supply chain. It involves the formulation of an optimization model that takes on a mid to long-term planning perspective and covers decisions that have lasting and binding impact on organizational performance. These decisions include investment, location assignment, and invento...

Many firms face environments with long production lead times, great product variety, and uncertain, non-stationary demand. A challenge is how to plan production and inventories to provide competitive customer service at least cost. In this paper, we first describe an application at Teradyne in which we implemented an inventory hedge to protect against cyclic demand variability. Based on this ex...

T article studies a single-location inventory model with random leadtimes. Inventory is replenished by a single supplier who, at the time a replenishment order is received, knows exactly when the order will be delivered. In other words, the supplier knows the leadtime for every replenishment order. Suppose the singlelocation inventory system is managed by a retailer. The objective of this artic...

logistics network is expected that opened facilities work continuously for a long time horizon without any failure; but in real world problems, facilities may face disruptions. This paper studies a reliable joint inventory location problem to optimize cost of facility locations, customers’ assignment, and inventory management decisions when facilities face failure risks and doesn’t work. In our...

this study considers a two echelon supply chain system consisting of one manufacturer and one retailer. under vendor managed inventory (vmi) program, the manufacturer is authorized to manage inventories of agreed upon stock keeping units at retail's locations. in this paper, we assume that the manufacturer monitors inventory levels at retailer's location, replenishes her stock under (...

Facility location, inventory control, and vehicle routes scheduling are critical and highly related problems in the design of logistics system for e-business. Meanwhile, the return ratio in Internet sales was significantly higher than in the traditional business. Many of returned merchandise have no quality defects, which can reenter sales channels just after a simple repackaging process. Focus...

This paper presents a solution method based on column generation for the Inventory Location Routing Problem. It chooses simultaneously the location of a set of depots to decide upon the inventory management and the set of routes to satisfy customers’ demands, in order to minimize the total system cost. The original problem is decomposed into a Master Problem (Location Problem) and an Auxiliary ...

The Inventory Location-Routing Problem with deterministic demand can be seen as an approach to both optimize a supply chain design and minimize its operational costs. This problem considers that vehicles might deliver products to more than one retailer per route and that inventory management decisions are included for a multi-depot, multi-retailer systemwith storage capacity over a discrete tim...

New war,ghting concepts for the US Marine Corps emphasize small, highly mobile forces supported from the sea, rather than from large, land-based supply points. The goal of logistics planners is to support these forces with as little inventory on land as possible. We develop a multi-period, facility location and material 5ow model, and show how to con,gure the land-based distribution system over...