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Multi-echelon Inventory Control with Integrated Shipment Decisions
| Content Provider | CiteSeerX |
|---|---|
| Author | Stenius, Olof |
| Abstract | Rising fuel prices and increasing environmental awareness emphasizes the importance of the transportation aspect in logistics. This calls for new improved inventory control methods that consider the effects of shipment strategies in a more realistic manner. This thesis, consisting of an introduction and three scientific papers, studies how shipment decisions can be included in the inventory control of distribution systems. The systems studied in the papers consist of a central warehouse that supplies goods to a number of retailers that face stochastic customer demand. The first two papers consider a system where shipments from the central warehouse are consolidated to groups of retailers periodically. This means that replenishment orders of one or several items from different retailers are consolidated and dispatched at certain time intervals. By doing so, transportation cost savings can be realized and emissions can be reduced. This is achieved by filling the vehicles or load carriers to a higher extent and by using cheaper and |
| File Format | |
| Access Restriction | Open |
| Content Type | Text |
