A Robust Optimization Framework for Analyzing Distribution Systems with Transshipment

• Main Authors: ANG, Teck Meng Marcus, CHOU, M.C., Sim, Melvyn, So, K.C.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Robust Optimization; Stochastic Programming; Chance Constraint SOCP; Supply Chain Management; Management Information Systems
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/3021; https://www.optimization-online.org/DB_HTML/2006/02/1333.html
• Institution: Singapore Management University

This paper studies a distribution system consisting of multiple retail locations with transshipment operations among the retailers. Due to the difficulty in computing the optimal solution imposed by the transshipment operations and in estimating shortage cost from a practical perspective, we propose...