Fleet Sizing under Production Cycles and Uncertain Travel Times

Mark A. Turnquist and William C. Jordan
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Mark A. Turnquist: Cornell University, Ithaca, New York 14853
William C. Jordan: General Motors Research Laboratories, Warren, Michigan 48090

Transportation Science, 1986, vol. 20, issue 4, 227-236

Abstract: This paper develops a model for sizing a fleet of containers used to ship parts from a single manufacturing plant to a group of assembly plants. Parts are produced in a deterministic production cycle, but container travel times are stochastic. Based on results for an infinite-channel service process, equations are developed relating fleet size to the probability of a container shortage. An example illustrates this fleet size-shortage probability trade-off and shows the impact of uncertainty level and the number of plants on fleet size.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:20:y:1986:i:4:p:227-236

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