Integrated inventory-transportation model by synchronizing delivery and production cycles

YCE Lee, CK Chan, A Langevin, HWJ Lee - Transportation Research Part …, 2016 - Elsevier
YCE Lee, CK Chan, A Langevin, HWJ Lee
Transportation Research Part E: Logistics and Transportation Review, 2016Elsevier
This paper develops an integrated single-vendor multi-buyer inventory-transportation
synchronized supply chain model. In this paper, the decisions of truck assignment and
routing are also considered and as a result, a series of vehicle routing problems (VRP) are
required to be solved. Due to the highly complicated objective function and the NP-hard
VRP problems, the problem cannot be solved analytically. Hence, meta-heuristics are
proposed. By means of the numerical examples and a case study, the meta-heuristics …
Abstract
This paper develops an integrated single-vendor multi-buyer inventory-transportation synchronized supply chain model. In this paper, the decisions of truck assignment and routing are also considered and as a result, a series of vehicle routing problems (VRP) are required to be solved. Due to the highly complicated objective function and the NP-hard VRP problems, the problem cannot be solved analytically. Hence, meta-heuristics are proposed. By means of the numerical examples and a case study, the meta-heuristics developed are shown to be very effective in solving such comprehensive supply chain models, and the results so obtained are promising.
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