Abstract
Transportation and inventory are two major drivers in a supply chain network. This paper provides near-optimal policies for inventory models that allow various modes of shipping freight, namely, truckload transportation and less-than-truckload transportation. In particular, a heuristic algorithm for a one-warehouse multi-retailer system is presented that is shown to be 95% effective.
Original language | English (US) |
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State | Published - Dec 1 2005 |
Event | IIE Annual Conference and Exposition 2005 - Atlanta, GA, United States Duration: May 14 2005 → May 18 2005 |
Other
Other | IIE Annual Conference and Exposition 2005 |
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Country/Territory | United States |
City | Atlanta, GA |
Period | 5/14/05 → 5/18/05 |
All Science Journal Classification (ASJC) codes
- General Engineering