A two-stage inventory model with transshipment costs

José A. Ventura; Melanie L. De Grano; Brian Q. Rieksts

A two-stage inventory model with transshipment costs

José A. Ventura
, Melanie L. De Grano
, Brian Q. Rieksts

Harold and Inge Marcus Department of Industrial and Manufacturing Engineering

Research output: Contribution to conference › Paper › peer-review

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)
State	Published - 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
Country/Territory	United States
City	Atlanta, GA
Period	5/14/05 → 5/18/05

All Science Journal Classification (ASJC) codes

General Engineering

Cite this

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title = "A two-stage inventory model with transshipment costs",

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.",

author = "Ventura, \{Jos{\'e} A.\} and \{De Grano\}, \{Melanie L.\} and Rieksts, \{Brian Q.\}",

year = "2005",

language = "English (US)",

note = "IIE Annual Conference and Exposition 2005 ; Conference date: 14-05-2005 Through 18-05-2005",

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TY - CONF

T1 - A two-stage inventory model with transshipment costs

AU - Ventura, José A.

AU - De Grano, Melanie L.

AU - Rieksts, Brian Q.

PY - 2005

Y1 - 2005

N2 - 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.

AB - 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.

UR - https://www.scopus.com/pages/publications/33749243134

UR - https://www.scopus.com/pages/publications/33749243134#tab=citedBy

M3 - Paper

AN - SCOPUS:33749243134

T2 - IIE Annual Conference and Exposition 2005

Y2 - 14 May 2005 through 18 May 2005

ER -

A two-stage inventory model with transshipment costs

Abstract

Other

All Science Journal Classification (ASJC) codes

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