Show simple item record

dc.contributor.authorChen, F.Y.
dc.contributor.authorHum, S.H.
dc.contributor.authorSun, Jie
dc.date.accessioned2023-04-16T12:01:34Z
dc.date.available2023-04-16T12:01:34Z
dc.date.issued2001
dc.identifier.citationChen, F.Y. and Hum, S.H. and Sun, J. 2001. Analysis of third-party warehousing contracts with commitments. European Journal of Operational Research. 131 (3): pp. 603-610.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/91451
dc.identifier.doi10.1016/S0377-2217(00)00102-8
dc.description.abstract

This paper considers multi-period warehousing contracts under random space demand. A typical contract is specified by a starting space commitment plus a certain number of times at which the commitment can be further modified. Three forms of contracts are analysed: (1) there is a restriction on the range of commitment changes and the schedule for the changes is preset by the warehouser; (2) the same as form (1) but there is no restriction on the range; (3) the same as form (2) but the schedule for the changes is chosen by the user. We explore properties and algorithms for the three problems from the user's perspective. Solutions of simple form are obtained for the first two models and an efficient dynamic programming (DP) procedure is proposed for the last. A numerical comparison of the total expected leasing costs suggests that under certain demand patterns, contract forms (2) and (3) could be cost effective. © 2001 Elsevier Science B.V.

dc.languageEnglish
dc.publisherElsevier BV * North-Holland
dc.subjectSocial Sciences
dc.subjectScience & Technology
dc.subjectTechnology
dc.subjectManagement
dc.subjectOperations Research & Management Science
dc.subjectBusiness & Economics
dc.subjectstochastic processes
dc.subjectdynamic programming
dc.subjectwarehousing contracts
dc.subjectthird-party logistics
dc.titleAnalysis of third-party warehousing contracts with commitments
dc.typeJournal Article
dcterms.source.volume131
dcterms.source.number3
dcterms.source.startPage603
dcterms.source.endPage610
dcterms.source.issn0377-2217
dcterms.source.titleEuropean Journal of Operational Research
dcterms.source.placeNetherlands
dc.date.updated2023-04-16T12:01:34Z
curtin.departmentSchool of Elec Eng, Comp and Math Sci (EECMS)
curtin.accessStatusOpen access
curtin.facultyFaculty of Science and Engineering
curtin.contributor.orcidSun, Jie [0000-0001-5611-1672]
curtin.contributor.researcheridSun, Jie [B-7926-2016] [G-3522-2010]
curtin.contributor.scopusauthoridSun, Jie [16312754600] [57190212842]
curtin.repositoryagreementV3


Files in this item

Thumbnail
Thumbnail

This item appears in the following Collection(s)

Show simple item record