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Control Number313207
Date and Time of Latest Transaction20150706095009.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberScienceDirect
Main Entry - Personal NameYucesan, Enver
 Yeming (Yale) Gong
Title StatementStochastic optimization for transshipment problems with positive replenishment lead times by Yeming (Yale) Gong and Enver Yucesan
Publication, Distribution, Etc.Amsterdam Elsevier B.V. 2010
Physical Descriptionpages 61-72 computer file; text; 372kb
Bibliography, Etc. NoteIncludes bibliographical references
Summary, Etc.Transshipments, monitored movements of material at the same echelon of a supply chain, represent an effective pooling mechanism. Earlier papers dealing with transshipments either do not incorporate replenishment lead times into their analysis, or only provide a heuristic algorithm where optimality cannot be guaranteed beyond settings with two locations. This paper uses infinitesimal perturbation analysis by combining with a stochastic approximation method to examine the multi-location transshipment problem with positive replenishment lead times. It demonstrates the computation of optimal base stock quantities through sample path optimization. From a methodological perspective, this paper deploys a duality-based gradient computation method to improve computational efficiency. From an application perspective, it solves transshipment problems with non-negligible replenishment lead times. A numerical study illustrates the performance of the proposed approach
Subject Added Entry - Topical TermSocial sciences
 Logistics -- Analysis
 Algorithms -- Analysis
 Supply chain management
 Stochastic optimization
LocationDOST STII ScienceDirect NONPRINTS NP 14-16209 1 14-16209 Online/Download 2012-01-19
  
     
 
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Department of Science and Technology
Science and Technology Information InstituteScienceDirect
  
     
 
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