The one warehouse and N retailers problem with uncertain demand

DOI

10.2991/icibet.2013.35How to use a DOI?

Abstract

The major aim of this paper is to provide a solution to one warehouse and N retail-ers problem with uncertain demand. The ‘static-dynamic uncertainty’ strategy is used. The objective function is to mini-mize expected average total costs in-curred by the total system comprising of retailers’ replenishment cost, retailers' inventory holding cost, warehouse’s re-plenishment cost, warehouse's inventory holding cost and lost-sale cost. We use integer-ratio policies. We generated 15 samples for each 5 retailers by using ProModel simulation software for Heuris-tic I and Heuristic II. The results of sto-chastic model compared with the devia-tion from optimum solution for these dif-ferent heuristics.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ercan ENY T
AU  - Hakan AKKAN
PY  - 2013/03
DA  - 2013/03
TI  - The one warehouse and N retailers problem with uncertain demand
BT  - Proceedings of the 2013 International Conference on Information, Business and Education Technology (ICIBET 2013)
PB  - Atlantis Press
SP  - 166
EP  - 169
SN  - 1951-6851
UR  - https://doi.org/10.2991/icibet.2013.35
DO  - 10.2991/icibet.2013.35
ID  - ENYT2013/03
ER  -