Short-Term Inventory-Aware Equipment Management in Service Networks

Logistics companies often operate a heterogeneous fleet of equipment to support their service network operations. This introduces a layer of planning complexity as facilities need to maintain appropriate levels of equipment types to support operations throughout the planning horizon. We formulate an optimization model that minimizes the cost of executing a load plan, assuming knowledge … Read more

Substitution-based Equipment Balancing in Service Networks with Multiple Equipment Types

We investigate substitution-based equipment balancing for a package express carrier operating multiple equipment types in its service network. The weekly schedule of movements used to transport packages through the service network leads to changes in equipment inventory at the facilities in the network. We seek to reduce this change, i.e., the equipment imbalance associated with … Read more