Modeling proactive transshipment decisions in retail networks

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

Research output: Contribution to conferenceAbstractpeer-review

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.
Original languageUndefined/Unknown
Publication statusPublished - 2012
EventINFORMS International Meeting, Beijing, China - Beijing, China
Duration: 24 Jun 201227 Jun 2012

Conference

ConferenceINFORMS International Meeting, Beijing, China
CountryChina
CityBeijing
Period24/06/1227/06/12

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