A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem

<p dir="ltr">Logistics related costs constitute a major part in total cost of a product in general. Considering a company that delivers goods to its customers using its owned fleet, fleet ownership and operational costs together with the inventory costs compose the total logistics co...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Duygu Aghazadeh (22045919) (author)
مؤلفون آخرون: Kadir Ertogral (22045922) (author)
منشور في: 2024
الموضوعات:
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author Duygu Aghazadeh (22045919)
author2 Kadir Ertogral (22045922)
author2_role author
author_facet Duygu Aghazadeh (22045919)
Kadir Ertogral (22045922)
author_role author
dc.creator.none.fl_str_mv Duygu Aghazadeh (22045919)
Kadir Ertogral (22045922)
dc.date.none.fl_str_mv 2024-06-24T09:00:00Z
dc.identifier.none.fl_str_mv 10.1007/s10100-024-00911-6
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/A_fix_and_optimize_method_based_approximate_dynamic_programming_approach_for_the_strategic_fleet_sizing_and_delivery_planning_problem/29899112
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Transportation, logistics and supply chains
Engineering
Communications engineering
Information and computing sciences
Distributed computing and systems software
Fix and optimize
Approximate dynamic programming
Fleet sizing
Replenishment planning
dc.title.none.fl_str_mv A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">Logistics related costs constitute a major part in total cost of a product in general. Considering a company that delivers goods to its customers using its owned fleet, fleet ownership and operational costs together with the inventory costs compose the total logistics costs. In this study, we suggest an approximate Dynamic Programming algorithm, with a look ahead strategy, that uses the fix and optimize method as the imbedded heuristic for solving integrated fleet composition and replenishment planning problem. The total annual distribution cost factors considered in the problem are vehicle ownership costs, approximate routing costs, and inventory related costs. In this problem, we aim to minimize the total logistic cost by optimizing the fleet composition, replenishment patterns, and customers assigned to each vehicle in the fleet. We produced a set of reasonably large instances randomly and showed the efficacy of the suggested solution method.</p><h2>Other Information</h2><p dir="ltr">Published in: Central European Journal of Operations Research<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s10100-024-00911-6" target="_blank">https://dx.doi.org/10.1007/s10100-024-00911-6</a></p>
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identifier_str_mv 10.1007/s10100-024-00911-6
network_acronym_str Manara2
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oai_identifier_str oai:figshare.com:article/29899112
publishDate 2024
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spelling A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problemDuygu Aghazadeh (22045919)Kadir Ertogral (22045922)Commerce, management, tourism and servicesTransportation, logistics and supply chainsEngineeringCommunications engineeringInformation and computing sciencesDistributed computing and systems softwareFix and optimizeApproximate dynamic programmingFleet sizingReplenishment planning<p dir="ltr">Logistics related costs constitute a major part in total cost of a product in general. Considering a company that delivers goods to its customers using its owned fleet, fleet ownership and operational costs together with the inventory costs compose the total logistics costs. In this study, we suggest an approximate Dynamic Programming algorithm, with a look ahead strategy, that uses the fix and optimize method as the imbedded heuristic for solving integrated fleet composition and replenishment planning problem. The total annual distribution cost factors considered in the problem are vehicle ownership costs, approximate routing costs, and inventory related costs. In this problem, we aim to minimize the total logistic cost by optimizing the fleet composition, replenishment patterns, and customers assigned to each vehicle in the fleet. We produced a set of reasonably large instances randomly and showed the efficacy of the suggested solution method.</p><h2>Other Information</h2><p dir="ltr">Published in: Central European Journal of Operations Research<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s10100-024-00911-6" target="_blank">https://dx.doi.org/10.1007/s10100-024-00911-6</a></p>2024-06-24T09:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1007/s10100-024-00911-6https://figshare.com/articles/journal_contribution/A_fix_and_optimize_method_based_approximate_dynamic_programming_approach_for_the_strategic_fleet_sizing_and_delivery_planning_problem/29899112CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/298991122024-06-24T09:00:00Z
spellingShingle A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
Duygu Aghazadeh (22045919)
Commerce, management, tourism and services
Transportation, logistics and supply chains
Engineering
Communications engineering
Information and computing sciences
Distributed computing and systems software
Fix and optimize
Approximate dynamic programming
Fleet sizing
Replenishment planning
status_str publishedVersion
title A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
title_full A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
title_fullStr A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
title_full_unstemmed A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
title_short A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
title_sort A fix and optimize method based approximate dynamic programming approach for the strategic fleet sizing and delivery planning problem
topic Commerce, management, tourism and services
Transportation, logistics and supply chains
Engineering
Communications engineering
Information and computing sciences
Distributed computing and systems software
Fix and optimize
Approximate dynamic programming
Fleet sizing
Replenishment planning