Journal article
Strategic placement of telemetry units considering customer usage correlation
EURO JOURNAL ON TRANSPORTATION AND LOGISTICS, Vol.8(1), pp.35-64
03/01/2019
DOI: 10.1007/s13676-017-0104-9
Abstract
Telemetry units relay customer inventory levels to the supplier. This information can be used to create good estimates of future delivery dates, which is useful for route planning. Incorporating customer usage rate correlation can help with better planning for customers without telemetry units, but who are correlated with ones that have telemetry. We study a variant of the Telemetry Location Problem that exploits the correlation in customer demand to choose which customers should have telemetry units to minimize routing costs while preserving a given customer service level for all customers. To the best of our knowledge, this problem has not been previously addressed in the literature. We present a model and new algorithm for this problem. We perform computational experiments and provide insights regarding when consideration of correlation is particularly useful.
Details
- Title: Subtitle
- Strategic placement of telemetry units considering customer usage correlation
- Creators
- Amit Verma - Missouri Western State UniversityAnn Melissa Campbell - University of Iowa
- Resource Type
- Journal article
- Publication Details
- EURO JOURNAL ON TRANSPORTATION AND LOGISTICS, Vol.8(1), pp.35-64
- DOI
- 10.1007/s13676-017-0104-9
- ISSN
- 2192-4376
- eISSN
- 2192-4384
- Publisher
- Springer Nature
- Number of pages
- 30
- Language
- English
- Date published
- 03/01/2019
- Academic Unit
- Business Analytics
- Record Identifier
- 9984380478902771
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