Back to Search
Start Over
Delivery Cost Approximations for Inventory Routing Problems in a Rolling Horizon Framework.
- Source :
- Transportation Science; Aug2002, Vol. 36 Issue 3, p292, 9p
- Publication Year :
- 2002
-
Abstract
- The inventory routing problem considered in this paper is concerned with the repeated distribution of a commodity, such as heating oil, over a long period of time to a large number of customers. The problem involves a central depot as well as various satellite facilities which the drivers can visit during their shift to refill their vehicles. The customers maintain a local inventory of the commodity. Their consumption varies daily and cannot be predicted deterministically. In case of a stockout, a direct delivery is made and a penalty cost is incurred. In this paper, we present incremental cost approximations to be used in a rolling horizon framework for the problem of minimizing the total expected annual delivery costs. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00411655
- Volume :
- 36
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- Transportation Science
- Publication Type :
- Academic Journal
- Accession number :
- 7206249
- Full Text :
- https://doi.org/10.1287/trsc.36.3.292.7829