Management of Inter-Warehouse-Logistics for Stochastic Demand

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Description

Our industrial partner operates several warehouses within the same city. Some of these warehouses are too small to hold sufficient stock of each product for the next few days; therefore, goods are constantly transferred between warehouses by a shuttle service consisting of several trucks. Part of the demand is known in advance, part is stochastic and has to be estimated from available statistical data.

The task is to find a schedule that distributes the goods between the warehouses by means of the trucks so that demand can be satisfied on time with high probability.

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Poster (in German)