Multimodal Transport Network Optimization Considering Safety Stock under Real-Time Information

Joint Authors

Liu, Yanqiu
Chen, Ming-fei
Song, Yang
Sun, Qi
Cong, Chuang-chuang

Source

Discrete Dynamics in Nature and Society

Issue

Vol. 2019, Issue 2019 (31 Dec. 2019), pp.1-12, 12 p.

Publisher

Hindawi Publishing Corporation

Publication Date

2019-07-24

Country of Publication

Egypt

No. of Pages

12

Main Subjects

Mathematics

Abstract EN

A production department and two distribution departments form a multimodal logistics supply network.

The production department provides two ordering opportunities within one production cycle, and the real-time updates of demand information are required in the interval between two orders.

Based on this, the paper studies the security inventory optimization problem of multimodal transport networks.

On the basis of portraying the real-time information update process, the multimodal network optimization model without considering safety stock and the multimodal network optimization model considering safety stock are constructed, respectively, and the transshipment price and demand information of the intermodal network are updated.

The parameters are analyzed for sensitivity.

The analysis of examples shows that, on the one hand, with the update of demand information, the distribution department adopts the multimodal transport model with safety stock to improve the profit of the distribution department and the supply network.

On the other hand, the production sector can meet market demand with a lower production scale, while the distribution department can effectively respond to stochastic demand through a multimodal model with safety stock.

American Psychological Association (APA)

Chen, Ming-fei& Liu, Yanqiu& Song, Yang& Sun, Qi& Cong, Chuang-chuang. 2019. Multimodal Transport Network Optimization Considering Safety Stock under Real-Time Information. Discrete Dynamics in Nature and Society،Vol. 2019, no. 2019, pp.1-12.
https://search.emarefa.net/detail/BIM-1146428

Modern Language Association (MLA)

Chen, Ming-fei…[et al.]. Multimodal Transport Network Optimization Considering Safety Stock under Real-Time Information. Discrete Dynamics in Nature and Society No. 2019 (2019), pp.1-12.
https://search.emarefa.net/detail/BIM-1146428

American Medical Association (AMA)

Chen, Ming-fei& Liu, Yanqiu& Song, Yang& Sun, Qi& Cong, Chuang-chuang. Multimodal Transport Network Optimization Considering Safety Stock under Real-Time Information. Discrete Dynamics in Nature and Society. 2019. Vol. 2019, no. 2019, pp.1-12.
https://search.emarefa.net/detail/BIM-1146428

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references

Record ID

BIM-1146428