IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v42y1994i5p879-894.html
   My bibliography  Save this article

Minimizing Transportation and Inventory Costs for Several Products on a Single Link

Author

Listed:
  • Maria Grazia Speranza

    (University of Brescia, Brescia, Italy)

  • Walter Ukovich

    (University of Trieste, Trieste, Italy)

Abstract

This paper deals with the problem of determining the frequencies at which several products have to be shipped on a common link to minimize the sum of transportation and inventory costs. A set of feasible shipping frequencies is given. Transportation costs are supposed to be proportional to the number of journeys performed by vehicles of a given capacity. Vehicles may or may not be supposed to carry out completely all materials available, and products assigned to different frequencies may or may not share the same truck. Integer and mixed integer linear programming models are formulated for each of the resulting four situations, and their properties are investigated. In particular, we show that allowing products to be split among several shipping frequencies makes trucks traveling at high frequencies to be filled up completely. In this situation, trucks may always be loaded with products shipped at the same frequency.

Suggested Citation

  • Maria Grazia Speranza & Walter Ukovich, 1994. "Minimizing Transportation and Inventory Costs for Several Products on a Single Link," Operations Research, INFORMS, vol. 42(5), pages 879-894, October.
    • Handle: RePEc:inm:oropre:v:42:y:1994:i:5:p:879-894
    DOI: 10.1287/opre.42.5.879
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.42.5.879
    Download Restriction: no
    File URL: https://libkey.io/10.1287/opre.42.5.879?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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:inm:oropre:v:42:y:1994:i:5:p:879-894. 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: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    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.