Simulated annealing for the single-vehicle cyclic inventory routing problem

This paper studies the Single-Vehicle Cyclic Inventory Routing Problem (SV-CIRP) with the objective of simultaneously minimizing distribution and inventory costs for the customers and maximizing the collected rewards. A subset of customers is selected for the vehicle, including the quantity to be de...

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Bibliographic Details
Main Authors: GUNAWAN, Aldy, YU, Vincent F., WIDJAJA, Audrey T., VANSTEENWEGEN, Pieter.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
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Online Access:https://ink.library.smu.edu.sg/sis_research/4473
https://ink.library.smu.edu.sg/context/sis_research/article/5476/viewcontent/Simulated_Annealing_for_the_Single_Vehicle_Cyclic_Inventory_Routing_Problem.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:This paper studies the Single-Vehicle Cyclic Inventory Routing Problem (SV-CIRP) with the objective of simultaneously minimizing distribution and inventory costs for the customers and maximizing the collected rewards. A subset of customers is selected for the vehicle, including the quantity to be delivered to them. Simulated Annealing (SA) is proposed for solving the problem. Experimental results on 50 benchmark instances show that SA is comparable to the state-of-the-art algorithms. It is able to obtain 12 new best known solutions.