Abstract
Theoretical inventory models with constant demand rate and two transportation modes are analyzed in this paper. The transportation options are truckloads with fixed costs, a package delivery carrier with a constant cost per unit, or using a combination of both modes simultaneously. Exact algorithms for computing the optimal policies are derived for single stage models over both an infinite and a finite planning horizon.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 576-585 |
| Number of pages | 10 |
| Journal | European Journal of Operational Research |
| Volume | 186 |
| Issue number | 2 |
| DOIs | |
| State | Published - Apr 16 2008 |
All Science Journal Classification (ASJC) codes
- Modeling and Simulation
- Management Science and Operations Research
- Information Systems and Management
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Rieksts, B. Q., & Ventura, J. A. (2008). Optimal inventory policies with two modes of freight transportation. European Journal of Operational Research, 186(2), 576-585. https://doi.org/10.1016/j.ejor.2007.01.042