英文摘要 |
To satisfy customers under rapidly changing demands, companies usually keep inventory to reduce the stock-out problem induced by the uncertainty of demands. For example, in the manufacturing sector, inventory often takes up 20% to 60% of the total asset. To sharpen competitiveness, reducing inventory but maintaining a given service level is an important challenge faced by every company. Traditionally, warehousing operating systems are used to control inventory. Ever since Wal-Mart successfully reduces the inventory cost by the cross-docking operating system, more and more companies have adopted this system. However, inappropriate operations can still make a cross-docking operating system perform worse than the corresponding warehousing operating system. Assuming that such a system is under centralized control, this research studies its inventory and distribution policy: A central planner sets the best (s, S) inventory policy that reduces inventory; the policy minimizes the total cost of the system, under economies of scale in transportation, subject to a pre-specified service level. Such a network distribution problem is known to be hard and without analytical solution. Thus, this study solves the problem by proposing an efficient simulation-based solution procedure. |