Integrating inventory impacts into a fixed-charge model for locating distribution centers

Authors
Nozick, LK Turnquist, MA
Citation
Lk. Nozick et Ma. Turnquist, Integrating inventory impacts into a fixed-charge model for locating distribution centers, TRANSP R E, 34(3), 1998, pp. 173-186
Citations number
27
Categorie Soggetti
Politucal Science & public Administration","Civil Engineering
Journal title
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
ISSN journal
13665545 → ACNP
Volume
34
Issue
3
Year of publication
1998
Pages
173 - 186
Database
ISI
SICI code
1366-5545(199809)34:3<173:IIIIAF>2.0.ZU;2-#
Abstract
An important question in the design of efficient logistics systems is the i dentification of locations for distribution centers. Optimal designs should be based on consideration of inventory transportation, construction and op erating costs. This paper describes a method for including inventory costs within a fixed-charge facility location model, allowing such a model to be used more effectively for the development of optimal system designs. A real istic application of the model is discussed. (C) 1998 Elsevier Science Ltd. All rights reserved.