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Distribution Planning in a Multi-Echelon Inventory Model under Rolling Horizon Environment  

Ahn, Jae-Sung (Department of Industrial Systems and Information Engineering, Korea University)
Kwon, Ick-Hyun (Department of Industrial Systems and Information Engineering, Korea University)
Kim, Sung-Shick (Department of Industrial Systems and Information Engineering, Korea University)
Publication Information
IE interfaces / v.16, no.4, 2003 , pp. 441-449 More about this Journal
Abstract
In this paper we propose a distribution planning method aiming the use in the real-life situations. The assumed form of the distribution network is arborescence. At every node in the distribution network, orders are placed periodically. At each renewal of planning horizon, demand informations of periods in the horizon are updated. The objective of the problem is to minimize the total cost, which is the sum of holding and backorder costs of all sites during planning horizon. For such a situation, this study addressed an effective distribution plan when demands for demand-sites are provided for a given planning horizon.
Keywords
supply chain management; multi-echelon; distribution planning; rolling horizon;
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