Inventory sharing in integrated network design and inventory optimization with low-demand parts

@article{Iyoob2013InventorySI,
  title={Inventory sharing in integrated network design and inventory optimization with low-demand parts},
  author={Ilyas Mohamed Iyoob and Erhan Kutanoglu},
  journal={European Journal of Operational Research},
  year={2013},
  volume={224},
  pages={497-506}
}
Service Parts Logistics (SPL) problems induce strong interaction between network design and inventory stocking due to high costs and low demands of parts and response time based service requirements. These pressures motivate the inventory sharing practice among stocking facilities. We incorporate inventory sharing effects within a simplified version of the integrated SPL problem, capturing the sharing fill rates in 2-facility inventory sharing pools. The problem decides which facilities in… CONTINUE READING
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