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Operations Research, Systems Engineering and Industrial Engineering Commons™
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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Multi-Period Multi-Dimensional Knapsack Problem And Its Application To Available-To-Promise, Hoong Chuin Lau, M. K. Lim
Multi-Period Multi-Dimensional Knapsack Problem And Its Application To Available-To-Promise, Hoong Chuin Lau, M. K. Lim
Research Collection School Of Computing and Information Systems
This paper is motivated by a recent trend in logistics scheduling, called Available-to-Promise. We model this problem as the multi-period multi-dimensional knapsack problem. We provide some properties for a special case of a single-dimensional problem. Based on insights obtained from these properties, we propose a two-phase heuristics for solving the multi-dimensional problem. We also propose a novel time-based ant colony optimization algorithm. The quality of the solutions generated is verified through experiments, where we demonstrate that the computational time is superior compared with integer programming to achieve solutions that are within a small percentage of the upper bounds.
Logistics Outsourcing And 3pl Challenges, Michelle L. F. Cheong
Logistics Outsourcing And 3pl Challenges, Michelle L. F. Cheong
Research Collection School Of Computing and Information Systems
Logistics has been an important part of every economy and every business entity. The worldwide trend in globalization has led to many companies outsourcing their logistics function to Third-Party Logistics (3PL) companies, so as to focus on their core competencies. This paper attempts to broadly identify and categorize the challenges faced by 3PL companies and discover potential gaps for future research. Some of the challenges will be related with the experience and information collected from interviews with two 3PL companies.