Vendor managed inventory for environments with stochastic product usage
We develop technology to plan delivery routes for the supply of blood products to hospitals by a blood bank. The technology produces low cost, robust plans that hedge against the natural uncertainty associated with blood product usage at hospitals. The technology relies on sampling-based approaches...
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Veröffentlicht in: | European journal of operational research 2010-05, Vol.202 (3), p.686-695 |
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container_title | European journal of operational research |
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creator | Hemmelmayr, Vera Doerner, Karl F. Hartl, Richard F. Savelsbergh, Martin W.P. |
description | We develop technology to plan delivery routes for the supply of blood products to hospitals by a blood bank. The technology produces low cost, robust plans that hedge against the natural uncertainty associated with blood product usage at hospitals. The technology relies on sampling-based approaches involving integer programming and variable neighborhood search. An extensive computational study shows the efficacy of the two approaches and highlights the impact of product usage uncertainty on the resulting delivery plans. |
doi_str_mv | 10.1016/j.ejor.2009.06.003 |
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The technology produces low cost, robust plans that hedge against the natural uncertainty associated with blood product usage at hospitals. The technology relies on sampling-based approaches involving integer programming and variable neighborhood search. An extensive computational study shows the efficacy of the two approaches and highlights the impact of product usage uncertainty on the resulting delivery plans.</description><subject>Applied sciences</subject><subject>Blood products</subject><subject>Demand uncertainty</subject><subject>Exact sciences and technology</subject><subject>Hospitals</subject><subject>Integer programming</subject><subject>Inventory control, production control. Distribution</subject><subject>Inventory management</subject><subject>Inventory routing</subject><subject>Inventory routing Demand uncertainty Variable neighborhood search Sampling</subject><subject>Mathematical programming</subject><subject>Operational research and scientific management</subject><subject>Operational research. 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source | RePEc; ScienceDirect Journals (5 years ago - present) |
subjects | Applied sciences Blood products Demand uncertainty Exact sciences and technology Hospitals Integer programming Inventory control, production control. Distribution Inventory management Inventory routing Inventory routing Demand uncertainty Variable neighborhood search Sampling Mathematical programming Operational research and scientific management Operational research. Management science Optimization algorithms Routing Sampling Studies Variable neighborhood search |
title | Vendor managed inventory for environments with stochastic product usage |
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