Optimum Repartition of Transport Capacities in the Logistic System using Dynamic Programming

Gheorghe Băşanu, Victor Teleaşă and Eduard Armeanu
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Gheorghe Băşanu: Bucharest Academy of Economic Studies
Victor Teleaşă: Bucharest Academy of Economic Studies
Eduard Armeanu: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2011, vol. XVIII(2011), issue 8(561), 17-30

Abstract: Transportations take an essential role in logistics, interconnecting the majority of processes and operations within logistic system. The efficient use of transportation capacity is a priority whose achievement can diminish logistic costs. This objective is today difficult to achieve due to increasing complexity of transportation monitoring and coordination. This complexity is determined by transportation number and diversity, by the volume and diversity of orders, by increasing the targets to be supplied. Dynamic programming represents a highly useful tool for logistic managers, considering that its specific techniques and methods are oriented toward solving problems related to resource optimum allocation and utilization. The present paper presents briefly a series of theoretical elements of dynamic programming applied in logistics, based on which it is shown a mathematic model to determine the optimum policy for transport capacity repartition for the area attached to a logistic centre, through three distribution centres.

Keywords: distribution centre; logistics; number of customers; stage; dynamic programming. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:8(561):y:2011:i:8(561):p:17-30

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