In this paper, we consider heuristic approaches for the determination of delivery quantities in a Supply Chain (SC). The problem under consideration is important for the design of delivery quantity negotiations between manufacturers and suppliers. We describe a Mixed Integer Programming (MIP)...

Logistics is no longer seen as tactical and cost-driven – it is strategic. Considering the driver-on-time rules and with the perishable nature of the products, the travel length/time is one of the critical constraints in distribution logistics. We consider a typical logistics problem with...

The Santa Fe Artificial Stock Market [13, 4] is an agent-based artificial model in which agents continually explore and develop expectational models, buy and sell assets based on the predictions of those models that perform best, and confirm or discard these models based on their performance...

Due to globalisation, the FMCG distributors in the developing countries are struggling to capture and retain their market share from the multinational companies. To attract the retailers, the distributors supply on credit and collect the amount in unequal weekly instalments. When the supply on...

This paper presents a heuristic-based approach for minimizing airlines’ schedule disruptions and operation costs associated with severe airspace flow programs. It considers primary decisions made by flight dispatchers such as flight slot substitution and rerouting outside the boundaries...