A continuous approximation procedure for determining inventory distribution schemas within supply chains

Nikhi Pujari, Trevor S. Hale and Faizul Huq
Additional contact information
Nikhi Pujari: Ohio University, Athens, USA
Trevor S. Hale: University of Houston - Downtown, Texas, USA
Faizul Huq: Groupe ESC Pau

No 902, Working Papers from Groupe ESC Pau, Research Department

Abstract: This paper presents an integrated inventory distribution optimization model that simultaneously incorporates the issues of location, production, inventory, and transportation within a supply chain. The objective is to determine the optimal number and size of shipments under varying but commonly practiced production and shipping scenarios. A continuous approximation procedure is proposed to determine the optimal number and size of shipments. Three production and shipping scenarios are investigated and closed form expressions for the optimal number of shipments for each scenario are obtained. A numerical example is presented to demonstrate the usefulness of the model. 2007 Elsevier B.V. All rights reserved.

Keywords: Distribution system; Inventory management; Supply chain; Continuous approximation (search for similar items in EconPapers)
Pages: 27 pages
Date: 2007-12, Revised 2007-12
References: Add references at CitEc
Citations:

Published

Downloads: (external link)
https://www.esc-pau.fr/faculte-recherche/documents ... echerche9_escpau.pdf First version, 1996 (application/pdf)

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:pau:wpaper:0902

Access Statistics for this paper

More papers in Working Papers from Groupe ESC Pau, Research Department Contact information at EDIRC.
Bibliographic data for series maintained by Florent DEISTING ( this e-mail address is bad, please contact ).