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A Matheuristic Algorithm for the Inventory Routing Problem
Transportation Science, 2020This work addresses a challenging inventory routing problem that arises from a practical application faced by air-product companies, including Air Liquide. Given its computational complexity and industrial importance, this problem (denoted as IRP-Challenge2016) was presented as the topic of the French Operational Research and Decision Support Society ...
Zhouxing Su +4 more
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Inventory routing problems with multiple customers [PDF]
This tutorial aims at introducing the class of inventory routing problems by explaining its relations with the most classical routing problems and the reasons why the IRP are important and worth of investigation. We present and discuss the basic problem of this class, where one vehicle only is available.
Luca Bertazzi, M Grazia Speranza
exaly +3 more sources
Inventory routing problems: a logistical overview
Journal of the Operational Research Society, 2007Summary: This paper presents an overview of Supply Chain Management while focussing on the area of Inventory Routing. We aim to provide the state-of-the-art in this area while highlighting the usefulness of the models in practice as well as their limitations.
N. H. Moin, Saïd Salhi
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CAR: heuristics for the inventory routing problem
Wireless Networks, 2020Vendor managed inventory (VMI) is a streamlined approach to inventory and order fulfillment and is a system in which vendors continuously and automatically replenish a trading partner’s inventory. Vendors must ensure appropriate quantities of storages at the point of demand and must ensure optimal distribution plans, including routing of the ...
Ramkumar Nambirajan +4 more
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1998
The role of logistics management is changing. Many companies are realizing that value for a customer can, in part, be created through logistics management (Langley and Holcomb, 1996). Customer value can be created through product availability, timeliness and consistency of delivery, ease of placing orders, and other elements of logistics service ...
Ann Campbell +3 more
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The role of logistics management is changing. Many companies are realizing that value for a customer can, in part, be created through logistics management (Langley and Holcomb, 1996). Customer value can be created through product availability, timeliness and consistency of delivery, ease of placing orders, and other elements of logistics service ...
Ann Campbell +3 more
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RFID-enabled inventory routing problems
International Journal of Manufacturing Technology and Management, 2007In this paper, we provide a methodology for dynamic control of Radio Frequency Identification- (RFID-) enabled Inventory Routing Problems (IRP), where a set of locations is served by a single distribution centre using a Vendor-Managed Inventory (VMI) approach.
Shrikant Jarugumilli, Scott E. Grasman
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Profit Maximization in Inventory Routing Problems
2018 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM), 2018The inventory routing problem (IRP) deals with the transportation of one product from a producer to multiple consumers, which have given demands and inventory capacities, over a discrete time horizon. The traditional goal of the IRP is to minimize the combination of inventory and transportation costs, while avoiding stock outs at customers.
Anna Zaitseva +2 more
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The Continuous-Time Inventory-Routing Problem
Transportation Science, 2020We consider a continuous-time variant of the inventory-routing problem in which the maximum quantity that can delivered to a customer depends on the customer’s storage capacity and product inventory at the time of the delivery. We investigate critical components of a dynamic discretization discovery algorithm and demonstrate in an extensive ...
Felipe Lagos +2 more
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Inventory Routing Problem with Route Duration Limits and Stochastic Inventory Capacity Constraints
Transportation Research Record: Journal of the Transportation Research Board, 2013This paper studies the inventory management and routing problem in a two-level supply chain in which a single plant serves a set of warehouses, which in turn serve a set of customers with stochastic demands. A nonlinear integer program based on set partitioning and probabilistic chance constraint is proposed. The program accounts for the probabilities
Ampol Karoonsoontawong +1 more
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A partition approach to the inventory/routing problem
European Journal of Operational Research, 2007zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Qiu-Hong Zhao +2 more
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