Modeling proactive transshipment decisions in retail networks

T.W. Archibald; K.D. Glazebrook; C.M. Paterson; S.C. Rauscher

Modeling proactive transshipment decisions in retail networks

T.W. Archibald, K.D. Glazebrook, C.M. Paterson, S.C. Rauscher

Research output: Contribution to conference › Abstract › peer-review

Abstract / Description of output

The transshipment of inventory between locations in a retail network can lead to reduced costs and improved service levels. In many settings, the arrival of customers is highly unpredictable and customers require immediate service. Therefore, transshipment decisions have to be taken in anticipation of future demand. A dynamic programming approach is used to develop heuristic policies for proactive transshipment. A numerical study is used to demonstrate the strong performance of the heuristics.

Original language	Undefined/Unknown
Publication status	Published - 2012
Event	INFORMS International Meeting, Beijing, China - Beijing, China Duration: 24 Jun 2012 → 27 Jun 2012

Conference

Conference	INFORMS International Meeting, Beijing, China
Country/Territory	China
City	Beijing
Period	24/06/12 → 27/06/12

Access to Document

https://informs.emeetingsonline.com/emeetings/formbuilder/clustersessiondtl.asp?csnno=16408&mmnno=216&ppnno=61095

Cite this

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title = "Modeling proactive transshipment decisions in retail networks",

abstract = "The transshipment of inventory between locations in a retail network can lead to reduced costs and improved service levels. In many settings, the arrival of customers is highly unpredictable and customers require immediate service. Therefore, transshipment decisions have to be taken in anticipation of future demand. A dynamic programming approach is used to develop heuristic policies for proactive transshipment. A numerical study is used to demonstrate the strong performance of the heuristics.",

author = "T.W. Archibald and K.D. Glazebrook and C.M. Paterson and S.C. Rauscher",

year = "2012",

language = "Undefined/Unknown",

note = "INFORMS International Meeting, Beijing, China ; Conference date: 24-06-2012 Through 27-06-2012",

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TY - CONF

T1 - Modeling proactive transshipment decisions in retail networks

AU - Archibald, T.W.

AU - Glazebrook, K.D.

AU - Paterson, C.M.

AU - Rauscher, S.C.

PY - 2012

Y1 - 2012

N2 - The transshipment of inventory between locations in a retail network can lead to reduced costs and improved service levels. In many settings, the arrival of customers is highly unpredictable and customers require immediate service. Therefore, transshipment decisions have to be taken in anticipation of future demand. A dynamic programming approach is used to develop heuristic policies for proactive transshipment. A numerical study is used to demonstrate the strong performance of the heuristics.

AB - The transshipment of inventory between locations in a retail network can lead to reduced costs and improved service levels. In many settings, the arrival of customers is highly unpredictable and customers require immediate service. Therefore, transshipment decisions have to be taken in anticipation of future demand. A dynamic programming approach is used to develop heuristic policies for proactive transshipment. A numerical study is used to demonstrate the strong performance of the heuristics.

M3 - Abstract

T2 - INFORMS International Meeting, Beijing, China

Y2 - 24 June 2012 through 27 June 2012

ER -