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Location-Inventory Problems

In: Facility Location Under Uncertainty

Author

Listed:
  • Francisco Saldanha-da-Gama

    (Sheffield University Management School)

  • Shuming Wang

    (University of Chinese Academy of Science)

Abstract

In this chapter, inventory and facility location decisions are intertwined. Different problems, models, and algorithms are discussed. The impact of risk pooling in optimal decisions is also considered. After introducing several base concepts related to the location-inventory problems, continuous review policies are analyzed separately for uncapacitated and capacitated facilities. A periodic-review model with extensions is also presented. Demand is the usual source of uncertainty, assumed to be represented by a random variable with some given distribution.

Suggested Citation

  • Francisco Saldanha-da-Gama & Shuming Wang, 2024. "Location-Inventory Problems," International Series in Operations Research & Management Science, in: Facility Location Under Uncertainty, chapter 0, pages 229-254, Springer.
    • Handle: RePEc:spr:isochp:978-3-031-55927-3_9
    DOI: 10.1007/978-3-031-55927-3_9
    as

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