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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