Abstract
This paper provides an optimal policy for a single-stage inventory problem with a constant demand rate, incremental quantity discounts, and a transshipment cost that includes two simultaneous modes of transportation, truckload shipments and less than truckload carriers. The proposed algorithm finds the minimum of the non-convex cost function at each interval defined by the breakpoints of the quantity discounts.
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