The two-stage batch ordering strategy of logistics service capacity with demand update

Weihua Liu, Xiaoyan Liu and Xiang Li

Transportation Research Part E: Logistics and Transportation Review, 2015, vol. 83, issue C, 65-89

Abstract: This paper discusses a logistics service integrator (LSI) orders logistics service capacity from a functional logistics service provider (FLSP) before the selling season with two opportunities. The optimal two-stage batch ordering strategy of LSI with demand update is studied. Standard batch size is introduced into LSI’s two-stage capacity ordering strategy model, which is built upon the decision-making sequence and actually observed demand signals between the two ordering instants. The model solution method is designed based on scenario analysis and enumerative algorithm. Sensitivity analysis of the optimal adjustment ordering time point is then carried out and a numerical analysis is presented.

Keywords: Logistics service capacity procurement; Demand update; Batch ordering; Two-stage ordering (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554515001659
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:83:y:2015:i:c:p:65-89

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

DOI: 10.1016/j.tre.2015.08.009

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().