TITLE

Performance Measurement for Inventory Routing

AUTHOR(S)
Jin-Hwa Song; Savelsbergh, Martin
PUB. DATE
February 2007
SOURCE
Transportation Science;Feb2007, Vol. 41 Issue 1, p44
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
We develop technology to measure the effectiveness of distribution strategies for inventory routing. Popular, practical performance measures, such as volume delivered per mile, are effective in measuring relative performance but inadequate in measuring absolute performance. We develop a methodology that allows the computation of tight lower bounds on the total mileage required to satisfy customer demand over time. As a result, companies will be able to gain insight into the effectiveness of their distribution strategy.
ACCESSION #
24467074

 

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