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.


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    Title :

    Performance evaluation of logistics systems under cost and reliability considerations


    Contributors:


    Publication date :

    2010-09-02


    Size :

    8 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English





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