Cyclic solutions to a maritime inventory routing problem
An inventory routing problem occurs when a company manages inventories both at production sites and consumption sites while also being in charge of the transportation of goods. The authors consider a maritime inventory routing problem where inventories are located at ports and a single product is transported between these ports using a heterogeneous fleet of vessels. As opposed to standard research on such maritime inventory routing problems, a model is developed that produces cyclic plans that are repeatable. Such plans are more costly than plans found using standard non-cyclic models, but the latter suffer from end-of-horizon effects due to being over-optimistic and making myopic decisions in accordance with an objective of minimizing costs.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/2666822X
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Supplemental Notes:
- © 2022 The Authors. Published by Elsevier Ltd. Abstract reprinted with permission of Elsevier.
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Authors:
- Zojaji, Amir
- Soltaniani, Kiarash
- Magnus-Hvattum, Lars
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0000-0003-0490-9978
- Urrutia, Sebastián
- Publication Date: 2022
Language
- English
Media Info
- Media Type: Web
- Features: Figures; References; Tables;
- Pagination: 100074
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Serial:
- Maritime Transport Research
- Volume: 3
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 2666-822X
- Serial URL: https://www.sciencedirect.com/journal/maritime-transport-research
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Publication flags:
Open Access (libre)
Subject/Index Terms
- TRT Terms: Inventory; Maritime industry; Mathematical models; Mixed integer programming; Ports; Routing; Short sea shipping
- Subject Areas: Freight Transportation; Marine Transportation; Terminals and Facilities;
Filing Info
- Accession Number: 01890604
- Record Type: Publication
- Files: TRIS
- Created Date: Aug 23 2023 10:14AM