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Performance evaluation of logistics systems under cost and reliability considerations

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  • Jane, Chin-Chia

Abstract

In this article, both distribution cost and delivery reliability are integrated into performance index R$b,d of logistics systems. The total distribution cost is not to exceed budget $b, the delivery reliability is the probability that the source distributes a demand d successfully to the destination. A major contribution is that we present a hybrid approach for straightforward computation of the R$b,d. As of now, it is the only algorithm that can compute R$b,d directly and practically. A real logistics system illustrates the proposed algorithm. In addition, computational results indicate that our algorithm outperforms existing algorithms.

Suggested Citation

  • Jane, Chin-Chia, 2011. "Performance evaluation of logistics systems under cost and reliability considerations," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 47(2), pages 130-137, March.
  • Handle: RePEc:eee:transe:v:47:y:2011:i:2:p:130-137
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    Cited by:

    1. repec:eee:reensy:v:166:y:2017:i:c:p:151-163 is not listed on IDEAS
    2. Niu, Yi-Feng & Gao, Zi-You & Lam, William H.K., 2017. "Evaluating the reliability of a stochastic distribution network in terms of minimal cuts," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 100(C), pages 75-97.
    3. Jane, Chin-Chia & Laih, Yih-Wenn, 2017. "Distribution and reliability evaluation of max-flow in dynamic multi-state flow networks," European Journal of Operational Research, Elsevier, vol. 259(3), pages 1045-1053.
    4. Niu, Yi-Feng & Lam, William H.K. & Gao, Ziyou, 2014. "An efficient algorithm for evaluating logistics network reliability subject to distribution cost," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 67(C), pages 175-189.

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