Title :
Inventory Replenishment Scheduling to Minimize the Number of Vehicles
Author :
YinFeng Xu ; Haiyan Yu ; Ke Liu ; Linglang Tang
Author_Institution :
Sch. of Manage., Xi´an Jiaotong Univ., Xi´an, China
Abstract :
We deal with a vendor managed inventory system in which one supplier supplies an item to multiple retailers. Customer demand arrives at each retailer at a constant rate, and each retailer has a maximal replenishment interval. A fleet of vehicles are required by the supplier to replenish the retailers. It is assumed that one vehicle can replenish only one retailer per period and shortages are not allowed. The goal is to determine the replenishment scheduling during infinite horizon that minimize the number of vehicles. By analyzing the existing condition of the feasible scheduling of multiple vehicles, we develop an approximation algorithm, and prove the approximation ratio of this algorithm to be 2.
Keywords :
approximation theory; goods distribution; infinite horizon; inventory management; scheduling; vehicles; approximation algorithm; customer demand; infinite horizon; inventory replenishment scheduling; vehicles scheduling; vendor managed inventory system; Algorithm design and analysis; Approximation algorithms; Approximation methods; Equations; Routing; Scheduling; Vehicles; Approximation algorithm; Approximation ratio; Inventory; Replenishment scheduling;
Conference_Titel :
Service Sciences (IJCSS), 2011 International Joint Conference on
Conference_Location :
Taipei
Print_ISBN :
978-1-4577-0326-3
Electronic_ISBN :
978-0-7695-4421-2
DOI :
10.1109/IJCSS.2011.22