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Supply Chain Management and Logistics
book

Supply Chain Management and Logistics

by Zhe Liang, Wanpracha Art Chaovalitwongse, Leyuan Shi
October 2018
Intermediate to advanced content levelIntermediate to advanced
288 pages
9h 1m
English
CRC Press
Content preview from Supply Chain Management and Logistics
68 Supply Chain Management and Logistics
production capacities. The objective function includes the inventory holding
cost, the truck loading and dispatch cost, mileage costs, and handling costs.
The proposed solution methodology decomposes the integrated problem
into two subproblems—inventory and routing problems—and they are iter-
atively solved until either no further improvement is found or the maximum
number of iterations is reached. The routing subproblem is solved period by
period. As a preprocessing, they use full-truck load (FTL) shipments with a
route having a single destination for customers with large order quantities,
and use less-than-truck load (LTL) shipments with truck routes for other cus-
tomers. They then use a savings algorithm ...
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Publisher Resources

ISBN: 9781466577886