Location Inventory Routing with Risk Pooling

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Zarali, Fatemeh | 2017

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Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 50733 (01)
University: Sharif University of Technology
Department: Industrial Engineering
Advisor(s): Akbari Jokar, Mohammad Reza
Abstract:
The results also have shown that holding costs and inventory play key roles because of business various conditions and external risk encountering. As a result, supply chain systems have to decrease their inventory amount.In this study, a location-routing-inventory model hypothesizes using risk pooling in distribution center warehouses and their combination in order to decrease the inventory costs such as inventory holding and safety stock costs.(it is because of costumer uncertain demand and lead time from supplier to distribution center and from distribution center to costumers) In this model, in addition to decrease the inventory costs, DC establishment costs and transportation costs that has the significant portion of logistics cost will be optimized. Given the fact that the problem is NP-Hard type, for solving the problem meta heuristics algorithm is applied for large size problem
Keywords:
Location ; Inventories ; Routing ; Location-Routing-Inventory Problem ; Uncertainty Modeling ; Maintenance Cost ; Risk Pooling ; Warehouses Combination

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