TRANSPORTATION SELECTION AND LOGISTICS COSTS IN AN UNCERTAIN DEMAND AND LEAD TIME ENVIRONMENT. IN: PROCEEDINGS OF THE THIRTY-THIRD ANNUAL MEETING, TRANSPORTATION RESEARCH FORUM, OCTOBER 31 - NOVEMBER 2, 1991, NEW ORLEANS, LOUISIANA

This paper presents a model that extends and refines the current state of transportation selection analysis. This model exploits the power, flexibility, and convenience of microcomputers to examine the complex formulations that (1) arise from nonlinearities in purchasing, inventory, and transportation costs, (2) produce more accurate results, but (3) thwart the development of direct mathematical solutions. In addition, this tool embraces a new approach for assessing the effects of transportation service attributes on safety stock holding costs in a stochastic setting. This approach is apropos for high demand items, which represent a high percentage of inventory assets, require relatively frequent shipments, and thus are of special interest to transportation planners.

  • Corporate Authors:

    Transportation Research Forum

    1600 Wilson Boulevard, Suite 905
    Arlington, VA  United States  22209
  • Authors:
    • Tyworth, J E
    • Rao, K Ramachandra
    • Stenger, A J
  • Publication Date: 1991-11

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  • Accession Number: 00617922
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Dec 31 1991 12:00AM