A continuous approximation procedure for determining inventory distribution schemas within supply chains Academic Article uri icon

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.

published proceedings

  • European Journal of Operational Research

author list (cited authors)

  • Pujari, N. A., Hale, T. S., & Huq, F

citation count

  • 20

complete list of authors

  • Pujari, Nikhil A||Hale, Trevor S||Huq, Faizul

publication date

  • April 2008