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Control Number313273
Date and Time of Latest Transaction20150706093758.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberScienceDirect
Main Entry - Personal NameYeong-Dae Kim
 Jae-Hun Kang
Title StatementInventory control in a two-level supply chain with risk pooling effect by Jae-Hun Kang and Yeong-Dae Kim
Physical Descriptionpages 116-124 computer file; text; 240kb
Summary, Etc.We consider an inventory control problem in a supply chain consisting of a single supplier, with a central distribution center (CDC) and multiple regional warehouses, and multiple retailers. We focus on the problem of selecting warehouses to be used among a set of candidate warehouses, assigning each retailer to one of the selected warehouses and determining replenishment plans for the warehouses and the retailers. For the problem with the objective of minimizing the sum of warehouse operation costs, inventory holding costs at the warehouses and the retailers, and transportation costs from the CDC to warehouses as well as from warehouses to retailers, we present a non-linear mixed integer programming model and develop a heuristic algorithm based on Lagrangian relaxation and subgradient optimization methods. A series of computational experiments on randomly generated test problems shows that the heuristic algorithm gives relatively good solutions in a reasonable computation time
Subject Added Entry - Topical TermScience and technology
 Inventory control
 Risk pooling
 Lagrangian relaxation
LocationDOST STII ScienceDirect NONPRINTS NP 14-16214 1 14-16214 Online/Download 2012-01-19
  
     
 
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Department of Science and Technology
Science and Technology Information InstituteScienceDirect
  
     
 
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