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Stochastic Inventory Routing Optimization by Athmajan Vu is a document available to read on EtoBox.

This paper addresses a stochastic inventory routing problem where a supplier serves multiple retailers with stochastic demand over a defined time horizon. An order-up-to level policy is employed to manage inventory, minimizing expected total costs that include inventory, penalty, and routing costs. A hybrid rollout algorithm is proposed for solving the problem, which is evaluated against a benchmark algorithm on various randomly generated instances.

Author

Athmajan Vu

Language

EN