A supply-chain optimization model of the allocation of containerized imports from Asia to the United States
Payman Jula and
Robert C. Leachman
Transportation Research Part E: Logistics and Transportation Review, 2011, vol. 47, issue 5, 609-622
Abstract:
This article proposes a mixed integer non-linear programming model for the optimizing supply chains of importers of waterborne containerized goods from Asia to the USA. This model determines the least-cost strategy for an importer, in terms of ports and landside transportation modes to be used, where costs considered include costs for transportation and handling, pipeline inventory, and safety-stock. We introduce a heuristic algorithm to quickly solve the mathematical model to near optimality. We assess the proposed heuristic compared to use of a commercial solver, and provide general recommendations for efficient supply-chain strategies as a function of the value of imported goods.
Keywords: Supply-chain; optimization; Intermodal; freight; transport; Transportation; planning; Containerized; imports; Logistics; Mixed; integer; non-linear; programming (search for similar items in EconPapers)
Date: 2011
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