Fleet Sizing under Production Cycles and Uncertain Travel Times

Published Online:https://doi.org/10.1287/trsc.20.4.227

This paper develops a model for sizing a fleet of containers used to ship parts from a single manufacturing plant to a group of assembly plants. Parts are produced in a deterministic production cycle, but container travel times are stochastic. Based on results for an infinite-channel service process, equations are developed relating fleet size to the probability of a container shortage. An example illustrates this fleet size-shortage probability trade-off and shows the impact of uncertainty level and the number of plants on fleet size.

INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.