TY - CHAP
T1 - Logistics in real-time
T2 - Inventory-routing operations under stochastic demand
AU - Giesen, Ricardo
AU - Mahmassani, Hani S.
AU - Jaillet, Patrick
PY - 2010
Y1 - 2010
N2 - Summary: This chapter studies real-time distribution strategies and their associated benefits for a two-level distribution system, from one depot to N retailers, wherein vehicle delivery routes can be updated using real-time information about current inventory levels and vehicle status. Three rolling horizon approaches are proposed in which plans are updated using a mathematical programming formulation. The proposed re-planning strategies are compared against two benchmark policies using a general discrete-event simulation framework. Proposed replanning strategies are shown to systematically outperform the two benchmark policies.
AB - Summary: This chapter studies real-time distribution strategies and their associated benefits for a two-level distribution system, from one depot to N retailers, wherein vehicle delivery routes can be updated using real-time information about current inventory levels and vehicle status. Three rolling horizon approaches are proposed in which plans are updated using a mathematical programming formulation. The proposed re-planning strategies are compared against two benchmark policies using a general discrete-event simulation framework. Proposed replanning strategies are shown to systematically outperform the two benchmark policies.
KW - Commercial vehicle operations (CVO)
KW - Dynamic fleet management
KW - Freight transportation
KW - Intelligent transportation systems (ITS)
KW - Inventory Routing problem
KW - Logistics
KW - On-line problems
KW - Online vehicle routing problem
KW - Real-time information
KW - Vendor managed inventory
UR - http://www.scopus.com/inward/record.url?scp=77951661692&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=77951661692&partnerID=8YFLogxK
U2 - 10.1007/978-3-540-92944-4_7
DO - 10.1007/978-3-540-92944-4_7
M3 - Chapter
AN - SCOPUS:77951661692
SN - 9783540929437
T3 - Lecture Notes in Economics and Mathematical Systems
SP - 109
EP - 148
BT - Innovations in Distribution Logistics
A2 - van Nunen, [email protected]
A2 - Grazia Speranza, M.
A2 - Bertazzi, Luca
ER -