Dr K Ganesh (McKinsey & Company, India), T T Narendran
Vehicle Routing Problem (VRP) is an area which has been widely dealt with for the last four decades. Methodologies have been developed for many variants of the VRP. This work considers concurrent and sequential delivery and pick-up in VRPs, encountered in practice but rarely considered in theory. In addition, constraints on maximum route length and on time-windows have also been considered. Mathematical models incorporating such features have been developed. While the NP-hardness of these problems mandates the use of meta-heuristics, recognition of inherent characteristics of the problem led...
Vehicle Routing Problem (VRP) is an area which has been widely dealt with for the last four decades. Methodologies have been developed for many varian...
Shippers are emphasizing logistics, since networking has become complex due to the globalization and demand variability has become huge for various products across countries. In order to meet customer demands, vendors must ensure appropriate quantities of storages at the point of demand and must ensure optimal distribution plans that include routing of the distribution vehicles. Managing such complex logistic networks, with high level of customization and services expected by customers, require various strategies to keep the transportation and inventory costs low. This requirement has evolved...
Shippers are emphasizing logistics, since networking has become complex due to the globalization and demand variability has become huge for various pr...