This paper develops a mathematical model based on inventory routing problem that aims to minimise transportation cost, inventory carrying cost and optimises delivery schedules in a retail Australian industry. A supply chain is considered which comprises of a single distribution center, having homogenous fleet of vehicles, supplying a single product to multiple retailers having deterministic demand. The mathematical model takes into account varying level of road congestion.
Supply Chain Management (SCM)
Optimisation of Distribution System in the Retail Industry: An Australian Retail Industry
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