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.
Optimisation of Distribution System in the Retail Industry: An Australian Retail Industry
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