The inventory control decisions are always ignored in location-routing problem (LRP). It may result in total system cost will increase further. In this paper, a stochastic model for the integrated location-routing-inventory problem (LRIP) in a two-echelon logistics distribution system is proposed. A two-phase heuristic algorithm to find solutions for the model is also proposed. Finally, an illustrative example is presented to demonstrate the validity of the model and algorithm.
A Stochastic Location-Routing-Inventory Problem in Logistics Distribution Systems
First International Conference on Transportation Engineering ; 2007 ; Southwest Jiaotong University, Chengdu, China
2007-07-09
Conference paper
Electronic Resource
English
A Stochastic Location-Routing-Inventory Problem in Logistics Distribution Systems
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