Study on Model of Inventory and Distribution Joint Optimization Based on the VMI

Ji Jun Pang; Xi Fu Wang

doi:10.4028/www.scientific.net/AMM.361-363.2053

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 361-363Study on Model of Inventory and Distribution Joint...

Study on Model of Inventory and Distribution Joint Optimization Based on the VMI

Abstract:

This paper studies the problem of inventory and distribution joint optimization for two level logistics system of a supplier and multiple clients by building the model of inventory and distribution joint optimization based on VMI to reach the goal of minimizing the total system cost. Moreover, this article not only designs the iterative algorithm to solve the model, and determine the optimal inventory and distribution program from the perspective of system optimization, but also verifies the validity of the model and algorithm through using MATLAB software.

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Periodical:

Applied Mechanics and Materials (Volumes 361-363)

Pages:

2053-2056

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.361-363.2053

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Online since:

August 2013

Authors:

Ji Jun Pang, Xi Fu Wang

Keywords:

Distribution, Inventory, Iterative Algorithm, Vendor Managed Inventory

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References

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