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
Hauptverfasser: Hemmelmayr, Vera, Doerner, Karl F., Hartl, Richard F., Savelsbergh, Martin W.P.
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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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identifier ISSN: 0377-2217
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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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