A hybrid approach to designing inbound-resupply strategies

Abstract

We model the behavior of the demand distribution and lead-time distribution separately and determine the value of demand during lead time by discrete-event simulation. A new methodology determines the optimal inbound-resupply strategy when suppliers ship goods to receivers. An evolutionary metaheuristic uses discrete-event simulation to calculate safety… (More)
DOI: 10.1109/MIS.2005.60

Topics

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