Integrated inventory and transportation management with stochastic demands: A scenario-based economic model predictive control approach

作者：

Highlights：

• A joint inventory and transportation optimization framework is established.

• The framework can handle stochastic demands by a scenario based approach.

• Optimal operations can be achieved with a minimum operating cost.

• A risk probability is guaranteed by satisfying a proposed design condition.

摘要

•A joint inventory and transportation optimization framework is established.•The framework can handle stochastic demands by a scenario based approach.•Optimal operations can be achieved with a minimum operating cost.•A risk probability is guaranteed by satisfying a proposed design condition.

论文关键词：Scenario-based approach,Economic model predictive control,Inventory,Transportation,Stochastic demands,Supply chain management

论文评审过程：Received 18 November 2021, Revised 8 February 2022, Accepted 30 March 2022, Available online 20 April 2022, Version of Record 28 April 2022.

论文官网地址：https://doi.org/10.1016/j.eswa.2022.117156