We propose inventory replenishment and lateral transshipment policies for a distribution network. The distribution centers place weekly regular orders and daily urgent orders to the factory. Two classes of stochastic demands, pre-ordered and peddling, cause either backlogging or lost sales when...

Disasters are unforeseen occurrences requiring extensive transport deployment to support and relieve victims. Sometimes, this transportation is not feasible directly from some supply points to some destination points. Due to this tragedy, it is unclear precisely what is available at supply...

Background: With regard to the definition of an optimal transport plan for some material flow in the logistics system in literature and practice, the classical transport task model is developed. The minimization of total transport costs is usually considered for optimality. Some modifications to...

We introduce a novel multimodal (ground and air transportation) network design model with transshipments for the transport of express cargo with heterogeneous service classes (i.e., next morning delivery, and next day delivery). We formulate this problem using a novel path-based mixed-integer...

With rising customer expectations and increasing computational potential, many transportation services face real-time decision making in stochastic and dynamic environments. They often need to find and adapt complex plans that are effective now but also flexible with respect to future...

The routing of commodities is a tactical problem in supply chain management that aims to synchronise transportation services connecting a network of warehouses and consolidation locations. This paper considers the routing of commodities in a transportation network that is flexible in response to...

Purpose: On the one hand, the increasing growth in vessel size and land-based capacity constraints raise the need for optimizing the layout and process design at container terminals. On the other hand, the temporary storage of containers in the yard decouples the material flow of incoming and...

We provide a survey of recent results on model calibration by Optimal Transport. We present the general framework and then discuss the calibration of local, and local-stochastic, volatility models to European options, the joint VIX/SPX calibration problem as well as calibration to some...

This paper investigates the impacts of transshipment between overconfident newsvendors who perceive the expected outcome of an uncertain event as more certain than it actually is. The conventional wisdom is that transshipment is a risk-pooling strategy for improving newsvendors’ performance....

Purpose: This research aims at developing a comprehensive transshipment solution leading to additional opportunities of transshipment from small inland vessels throughout the West German canal network and, thereby, extending the existing capacities consisting of container bridges and reach...

In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...