The Continuous-Time Inventory-Routing Problem
Felipe Lagos (),
Natashia Boland () and
Martin Savelsbergh ()
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Felipe Lagos: H. Milton Stewart School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta, Georgia 30332
Natashia Boland: H. Milton Stewart School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta, Georgia 30332
Martin Savelsbergh: H. Milton Stewart School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta, Georgia 30332
Transportation Science, 2020, vol. 54, issue 2, 375-399
Abstract:
We consider a continuous-time variant of the inventory-routing problem in which the maximum quantity that can delivered to a customer depends on the customer’s storage capacity and product inventory at the time of the delivery. We investigate critical components of a dynamic discretization discovery algorithm and demonstrate in an extensive computational study that these components are sufficient to produce provably high-quality, often optimal solutions.
Keywords: inventory routing; time-expanded network; mixed integer programming (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:54:y:2020:i:2:p:375-399
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