Decomposition of Multi-Period Inventory Routing Problems Via ADP

Event Details
  • Date/Time:
    • Friday March 27, 2009
      11:30 am - 12:30 pm
  • Location: Executive classroom
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    $0.00
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Anita Race
H. Milton Stewart School of Industrial and Systems Engineering
Contact Anita Race
Summaries

Summary Sentence: Decomposition of Multi-Period Inventory Routing Problems Via ADP

Full Summary: Decomposition of Multi-Period Inventory Routing Problems Via ADP

TITLE: Decomposition of Multi-Period Inventory Routing Problems Via ADP

SPEAKER: Alejandro Toriello

ABSTRACT:

We investigate the possibility of generating good solutions to multi-period inventory routing problems by solving single-period sub-problems linked by inventory levels. The inventory tailing-off effect is counterbalanced by an approximate value function obtained via sampling and data fitting. We also study the fundamental question of whether approximate value functions allow us to shorten planning horizons so that solving multi-period problems becomes computationally tractable.

This is joint work with George Nemhauser and Martin Savelsbergh.

This is a joint SCL/DOS Seminar.

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H. Milton Stewart School of Industrial and Systems Engineering (ISYE)

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Categories
Seminar/Lecture/Colloquium
Keywords
multi-period
Status
  • Created By: Anita Race
  • Workflow Status: Published
  • Created On: Oct 12, 2009 - 4:36pm
  • Last Updated: Oct 7, 2016 - 9:47pm