A perishable product shipment consolidation model considering freshness-keeping effort
Jing Chen,
Ming Dong and
Lei Xu
Transportation Research Part E: Logistics and Transportation Review, 2018, vol. 115, issue C, 56-86
Abstract:
Based on Quality-based policy and Quantity-and-Quality-based policy proposed in this paper, the corresponding perishable products shipment consolidation stochastic models by integrating freshness-keeping effort decision are formulated. For each policy, analytical results give conditions and expressions of adopting these policies and freshness-keeping effort. Numerical experiments show: (i) the positive effect of fresh investment on cost, (ii) the changing tends of policy parameters, freshness-keeping efforts and cost based on all parameters, (iii) the superiority of Quantity-and-Quality-based policy over Quality-based policy in most operational environment and (iv) the cost improvement under Quantity-and-Quality-based policy than other existing shipment consolidation policies.
Keywords: Shipment consolidation; Perishable product; Freshness-keeping effort; Renewal theory (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:115:y:2018:i:c:p:56-86
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DOI: 10.1016/j.tre.2018.04.009
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