Integrated inventory-transportation model by synchronizing delivery and production cycles

Y. C.E. Lee, Chi Kin Chan, A. Langevin, Heung Wing Joseph Lee

Research output: Journal article publicationJournal articleAcademic researchpeer-review

16 Citations (Scopus)

Abstract

This paper develops an integrated single-vendor multi-buyer inventory-transportation synchronized supply chain model. In this paper, the decisions of truck assignment and routing are also considered and as a result, a series of vehicle routing problems (VRP) are required to be solved. Due to the highly complicated objective function and the NP-hard VRP problems, the problem cannot be solved analytically. Hence, meta-heuristics are proposed. By means of the numerical examples and a case study, the meta-heuristics developed are shown to be very effective in solving such comprehensive supply chain models, and the results so obtained are promising.
Original languageEnglish
Pages (from-to)68-89
Number of pages22
JournalTransportation Research Part E: Logistics and Transportation Review
Volume91
DOIs
Publication statusPublished - 1 Jul 2016

Keywords

  • Adaptive large neighborhood search
  • Genetic algorithm
  • Inventory-transportation
  • Simulated annealing
  • Supply chain management
  • Vehicle routing

ASJC Scopus subject areas

  • Business and International Management
  • Civil and Structural Engineering
  • Transportation

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