An integrated model for stock replenishment and shipment scheduling under common carrier dispatch costs

Fatih Mutlu and SIla Çetinkaya

Transportation Research Part E: Logistics and Transportation Review, 2010, vol. 46, issue 6, 844-854

Abstract: We examine a joint inventory replenishment and shipment scheduling problem that arises in the context of a vendor-managed inventory (VMI) arrangement. Since a temporal shipment consolidation policy is being implemented, the inventory requirements at the vendor are affected by the timing and quantity of shipment release. The vendor's problem is to determine an integrated policy for inventory replenishment and shipment release and to set its parameters. We develop analytical models for computing such integrated policies where it is economical to use common carriage for outbound transportation. We propose algorithmic approaches to set the optimal policy parameter values.

Keywords: Shipment; consolidation; Vendor-managed; inventory; Common; carrier (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554510000530
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:46:y:2010:i:6:p:844-854

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

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 ().