Integrated inventory-transportation model by synchronizing delivery and production cycles

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

doi:10.1016/j.tre.2016.03.017

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 publication › Journal article › Academic research › peer-review

30 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 language	English
Pages (from-to)	68-89
Number of pages	22
Journal	Transportation Research Part E: Logistics and Transportation Review
Volume	91
DOIs	https://doi.org/10.1016/j.tre.2016.03.017
Publication status	Published - 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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10.1016/j.tre.2016.03.017

Cite this

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title = "Integrated inventory-transportation model by synchronizing delivery and production cycles",

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.",

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AU - Lee, Y. C.E.

AU - Chan, Chi Kin

AU - Langevin, A.

AU - Lee, Heung Wing Joseph

PY - 2016/7/1

Y1 - 2016/7/1

N2 - 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.

AB - 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.

KW - Adaptive large neighborhood search

KW - Genetic algorithm

KW - Inventory-transportation

KW - Simulated annealing

KW - Supply chain management

KW - Vehicle routing

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DO - 10.1016/j.tre.2016.03.017

M3 - Journal article

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SP - 68

EP - 89

JO - Transportation Research Part E: Logistics and Transportation Review

JF - Transportation Research Part E: Logistics and Transportation Review

ER -

Integrated inventory-transportation model by synchronizing delivery and production cycles

Abstract

Keywords

ASJC Scopus subject areas

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