An iterated local search algorithm for the single-vehicle cyclic inventory routing problem

Pieter Vansteenwegen and Manuel Mateo

European Journal of Operational Research, 2014, vol. 237, issue 3, 802-813

Abstract: The Single-Vehicle Cyclic Inventory Routing Problem (SV-CIRP) belongs to the class of Inventory Routing Problems (IRP) in which the supplier optimises both the distribution costs and the inventory costs at the customers. The goal of the SV-CIRP is to minimise both kinds of costs and to maximise the collected rewards, by selecting a subset of customers from a given set and determining the quantity to be delivered to each customer and the vehicle routes, while avoiding stockouts. A cyclic distribution plan should be developed for a single vehicle.

Keywords: Routing; Inventory; Single-vehicle cyclic inventory routing problem; Iterated local search; Metaheuristic (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:237:y:2014:i:3:p:802-813

DOI: 10.1016/j.ejor.2014.02.020

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