Stochastic flow distribution network of multiple sinks with inventory consideration

Cheng Fu Huang, Yi-Kuei Lin, Man Ju Chuang

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The inventory in the transfer center of a distribution network plays a key role in meeting customer demands. This study focuses on evaluating the system reliability of a stochastic flow distribution network (SFDN) with inventory. An SFDN is composed of nodes and routes, where each node denotes a vendor, transfer center, or market and each route connects a pair of nodes. Along each route, there is a carrier whose available capacity is stochastic. Different from previous issues regarding system reliability, this study consider that market demand should be met by transfer centers firstly. If the market demand cannot be met by the transfer centers, then vendors must meet the remaining demand to satisfy the market. An algorithm is developed in terms of minimal paths to evaluate system reliability, which is defined as the probability that the SFDN can satisfy the market demand by using inventory from multiple vendors and transfer centers to the market under budget constraints. A numerical example is given to illustrate this proposed algorithm.

Original languageEnglish
Title of host publicationConference Proceedings - 23rd ISSAT International Conference on Reliability and Quality in Design
EditorsHoang Pham
PublisherInternational Society of Science and Applied Technologies
Pages34-38
Number of pages5
ISBN (Electronic)9780991057641
StatePublished - 1 Jan 2017
Event23rd ISSAT International Conference on Reliability and Quality in Design 2017 - Chicago, United States
Duration: 3 Aug 20175 Aug 2017

Publication series

NameConference Proceedings - 23rd ISSAT International Conference on Reliability and Quality in Design

Conference

Conference23rd ISSAT International Conference on Reliability and Quality in Design 2017
CountryUnited States
CityChicago
Period3/08/175/08/17

Keywords

  • Budget
  • Inventory
  • Stochastic flow distribution network (SFDN)
  • System reliability
  • Transfer center

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