Journal
TRANSPORTATION SCIENCE
Volume 44, Issue 2, Pages 183-192Publisher
INFORMS
DOI: 10.1287/trsc.1090.0302
Keywords
facility location; distribution network design; multiechelon inventory management, greedy algorithm
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Funding
- National Natural Science Foundation of China [70801014]
- Program for New Century Excellent Talents in University of China [NCET-09-0292]
- Scientific Research Foundation for the Returned Overseas Chinese Scholars
- State Education Ministry, China
- Southeast University
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In this paper, we study a warehouse-retailer network design (WRND) model that simultaneously makes the location, distribution, and warehouse-retailer echelon inventory replenishment decisions. Although a column generation algorithm was proposed recently in the literature, it remains a challenge to solve large size instances of this NP-hard problem efficiently and effectively. The purpose of this paper is to present a greedy algorithm. Computational results demonstrate that our greedy algorithm can solve large-scale WRND problems efficiently with errors within 3%-4% on average.
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