Real-world application

Abstract

In this section, we present an approach how the optimization algorithms of Chapter 4 and the analysis of the numerical experiments in Chapter 5 can be used to implement a multiechelon optimization in a real world application. Much literature has already been written on the implementation of inventory planning methods in general, for example the books of Silver et al. [SPT16] and Axs¨ater [Axs15]. Here, we focus solely on the optimization in multi-echelon networks with many warehouses and where an optimization has to be done for many instances.