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Interactive Approach to the Inventory Routing Problem: Computational Speedup Through Focused Search

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Book cover Logistics Management

Part of the book series: Lecture Notes in Logistics ((LNLO))

Abstract

We study an interactive-approach to the Inventory Routing Problem (IRP) with the goal of supporting the decision maker (DM). Combining the supply chain management aspects ‘inventory management’ and ‘transportation’ into a simultaneous model can lead to beneficial cost reductions for both the supplier and the customer. A preference model, namely the reference point, is introduced to elicit individual preference information of the experts. Then, a subsequent interactive-approach is developed to solve the dynamic IRP. The comparison of the interactive-approach with an a posteriori-approach shows the applicability and the achieved speedup of the focused search. We also consider an extended interactive-approach for the benchmark test instances that is meaningful in terms of including a reservation point as a ‘natural’ convergence criterion.

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Correspondence to Sandra Huber .

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Huber, S., Geiger, M.J., Sevaux, M. (2015). Interactive Approach to the Inventory Routing Problem: Computational Speedup Through Focused Search. In: Dethloff, J., Haasis, HD., Kopfer, H., Kotzab, H., Schönberger, J. (eds) Logistics Management. Lecture Notes in Logistics. Springer, Cham. https://doi.org/10.1007/978-3-319-13177-1_27

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  • DOI: https://doi.org/10.1007/978-3-319-13177-1_27

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-13176-4

  • Online ISBN: 978-3-319-13177-1

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