File Download
There are no files associated with this item.
Links for fulltext
(May Require Subscription)
 Publisher Website: 10.1287/mnsc.48.11.1446.267
 Scopus: eid_2s2.00036870401
 Find via
Supplementary

Citations:
 Scopus: 0
 Appears in Collections:
Article: Effective zeroinventoryordering policies for the singlewarehouse multiretailer problem with piecewise linear cost structures
Title  Effective zeroinventoryordering policies for the singlewarehouse multiretailer problem with piecewise linear cost structures 

Authors  
Keywords  Less than truckload (LTL) Truckload (TL) Zeroinvertoryordering policies Approximation algorithms Inventory Tranportation 
Issue Date  2002 
Citation  Management Science, 2002, v. 48, n. 11, p. 14461460 How to Cite? 
Abstract  We analyze the problem faced by companies that rely on TL (Truckload) and LTL (Less than Truckload) carriers for the distribution of products across their supply chain. Our goal is to design simple inventory policies and transportation strategies to satisfy timevarying demands over a finite horizon, while minimizing systemwide cost by taking advantage of quantity discounts in the transportation cost structures. For this purpose, we study the cost effectiveness of restricting the inventory policies to the class of zeroinventoryordering (ZIO) policies in a singlewarehouse multiretailer scenario in which the warehouse serves as a crossdock facility. In particular, we demonstrate that there exists a ZIO inventory policy whose total inventory and transportation cost is no more than 4/3 (5.6/4.6 if transportation costs are stationary) times the optimal cost. However, finding the best ZIO policy is an NPhard problem as well. Thus, we propose two algorithms to find an effective ZIO policy: An exact algorithm whose running time is polynomial for any fixed number of retailers, and a linearprogrammingbased heuristic whose effectiveness is demonstrated in a series of computational experiments. Finally, we extend the worstcase results developed in this paper to systems in which the warehouse does hold inventory. 
Persistent Identifier  http://hdl.handle.net/10722/296018 
ISSN  2021 Impact Factor: 6.172 2020 SCImago Journal Rankings: 4.954 
DC Field  Value  Language 

dc.contributor.author  Chan, Lap Mui Ann   
dc.contributor.author  Muriel, Ana   
dc.contributor.author  Shen, Zuo Jun Max   
dc.contributor.author  SimchiLevi, David   
dc.contributor.author  Teo, Chung Piaw   
dc.date.accessioned  20210211T04:52:39Z   
dc.date.available  20210211T04:52:39Z   
dc.date.issued  2002   
dc.identifier.citation  Management Science, 2002, v. 48, n. 11, p. 14461460   
dc.identifier.issn  00251909   
dc.identifier.uri  http://hdl.handle.net/10722/296018   
dc.description.abstract  We analyze the problem faced by companies that rely on TL (Truckload) and LTL (Less than Truckload) carriers for the distribution of products across their supply chain. Our goal is to design simple inventory policies and transportation strategies to satisfy timevarying demands over a finite horizon, while minimizing systemwide cost by taking advantage of quantity discounts in the transportation cost structures. For this purpose, we study the cost effectiveness of restricting the inventory policies to the class of zeroinventoryordering (ZIO) policies in a singlewarehouse multiretailer scenario in which the warehouse serves as a crossdock facility. In particular, we demonstrate that there exists a ZIO inventory policy whose total inventory and transportation cost is no more than 4/3 (5.6/4.6 if transportation costs are stationary) times the optimal cost. However, finding the best ZIO policy is an NPhard problem as well. Thus, we propose two algorithms to find an effective ZIO policy: An exact algorithm whose running time is polynomial for any fixed number of retailers, and a linearprogrammingbased heuristic whose effectiveness is demonstrated in a series of computational experiments. Finally, we extend the worstcase results developed in this paper to systems in which the warehouse does hold inventory.   
dc.language  eng   
dc.relation.ispartof  Management Science   
dc.subject  Less than truckload (LTL)   
dc.subject  Truckload (TL)   
dc.subject  Zeroinvertoryordering policies   
dc.subject  Approximation algorithms   
dc.subject  Inventory   
dc.subject  Tranportation   
dc.title  Effective zeroinventoryordering policies for the singlewarehouse multiretailer problem with piecewise linear cost structures   
dc.type  Article   
dc.description.nature  link_to_subscribed_fulltext   
dc.identifier.doi  10.1287/mnsc.48.11.1446.267   
dc.identifier.scopus  eid_2s2.00036870401   
dc.identifier.volume  48   
dc.identifier.issue  11   
dc.identifier.spage  1446   
dc.identifier.epage  1460   
dc.identifier.issnl  00251909   