The Inventory Routing Problem Under Uncertainty

成果类型:
Article
署名作者:
Cui, Zheng; Long, Daniel Zhuoyu; Qi, Jin; Zhang, Lianmin
署名单位:
Zhejiang University; Chinese University of Hong Kong; Hong Kong University of Science & Technology; Nanjing University; Shenzhen Research Institute of Big Data
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.2022.2407
发表日期:
2023
页码:
378-395
关键词:
distributionally robust optimization Decision rules MODEL price RISK ADAPTABILITY COORDINATION heuristics allocation algorithm
摘要:
We study an uncertain inventory routing problem with a finite horizon. The supplier acts as a central planner who determines the replenishment quantities and also, the delivery times and routes to all retailers. We allow ambiguity in the probability distribution of each retailer's uncertain demand. Adopting a service-level viewpoint, we minimize the risk of uncertain inventory levels violating a prespecified acceptable range. We quantify that risk using a novel decision criterion, the service violation index, that accounts for how often and how severely the inventory requirement is violated. The solutions proposed here are adaptive in that they vary with the realization of uncertain demand. We provide algorithms to solve the problem exactly and then, demonstrate the superiority of our solutions by comparing them with several benchmarks.