IDEAS home Printed from https://ideas.repec.org/a/ids/ijlsma/v31y2018i3p320-335.html
   My bibliography  Save this article

A new model for multi-period bi-objective inventory routing problem with stochastic demand, inventory holding, shortage and customer satisfaction

Author

Listed:
  • Pouya Ehsani Tabari
  • Babak Shirazi
  • Iraj Mahdavi

Abstract

This paper presents a new multi-period, bi-objective inventory routing problem model with stochastic demand in two echelon network supply chain including some suppliers with several vehicles to satisfy customers' demands. Reducing the number of vehicles is also considered when each vehicle belongs to one route. The difference between this paper and the others is that the shortages and inventory holdings are kept at the customers' parts not in distribution centres. Customers' review of records costs and customer satisfaction and its relationship with shortage and inventory holding are the objective functions. The customer satisfaction increased by decreasing inventory holdings and shortage amount. The goal is to determine the delivery quantities to customers taking account of shortage and inventory holding amount per period. The objective of this paper is to minimise transportation routing costs, customers' review of records costs, inventory holding costs and shortage costs, and maximise customer satisfaction. The presented model is analysed by ε-constraint method and run in GAMS software.

Suggested Citation

  • Pouya Ehsani Tabari & Babak Shirazi & Iraj Mahdavi, 2018. "A new model for multi-period bi-objective inventory routing problem with stochastic demand, inventory holding, shortage and customer satisfaction," International Journal of Logistics Systems and Management, Inderscience Enterprises Ltd, vol. 31(3), pages 320-335.
    • Handle: RePEc:ids:ijlsma:v:31:y:2018:i:3:p:320-335
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=95822
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijlsma:v:31:y:2018:i:3:p:320-335. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=134 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.