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Determination of Optimal Shipping Quantity for Perishable Goods under Probabilistic Supply

Title
Determination of Optimal Shipping Quantity for Perishable Goods under Probabilistic Supply
Author
허선
Keywords
STRATEGIES; PRODUCTS; SYSTEM; CHAIN
Issue Date
2015-12
Publisher
HINDAWI PUBLISHING CORPORATION
Citation
MATHEMATICAL PROBLEMS IN ENGINEERING, v. 2015, Article ID 274713
Abstract
The problems of shipping and transporting perishable goods are commonly considered in the literature as significant topics, but rarely did researchers adopt a probabilistic point of view in their models. It is common in SCM environments that the participating entities' behaviors are random and unpredictable and so can only be modeled in a probabilistic way. In this paper, we consider the shipping problem of determining the optimal quantity of perishable products with a limited time to be stored in the warehouse. The optimal quantity minimizes the overall operational costs including those of inventory and shipping. We develop a mathematical model, from which the probability distribution function, mean, and variance of the length of the build-up period are derived and we establish a cost function for determining the optimal shipping value.
URI
https://www.hindawi.com/journals/mpe/2015/274713/http://hdl.handle.net/20.500.11754/50037
ISSN
1024-123X; 1563-5147
DOI
10.1155/2015/274713
Appears in Collections:
COLLEGE OF ENGINEERING SCIENCES[E](공학대학) > ETC
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