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This paper presents a methodology to find near-optimal joint inventory control policies for the real case of a one-warehouse, n-retailer distribution system of infusion solutions at a University Medical Center in France. We consider stochastic demand, batching and order-up-to level policies as...
Persistent link: https://www.econbiz.de/10010871268
Persistent link: https://www.econbiz.de/10015053736
This paper studies an NP-hard multi-period production-distribution problem to minimize the sum of three costs: production setups, inventories and distribution. This problem is solved by a very recent form of metaheuristic called memetic algorithm with population management (MA|PM). Contrary to...
Persistent link: https://www.econbiz.de/10005095107