Theoretical and Applied Economics
No. 8 / 2011 (561)
Optimum Repartition of Transport Capacities in the Logistic System using Dynamic Programming
Bucharest Academy of Economic Studies
Victor TELEAŞĂ
Bucharest Academy of Economic Studies
Eduard ARMEANU
Bucharest Academy of Economic Studies
Abstract. Transportations take an essential role in logistics, interconnecting the majority of processes and operations within logistic system. The efficient use of transportation capacity is a priority whose achievement can diminish logistic costs. This objective is today difficult to achieve due to increasing complexity of transportation monitoring and coordination. This complexity is determined by transportation number and diversity, by the volume and diversity of orders, by increasing the targets to be supplied.
Dynamic programming represents a highly useful tool for logistic managers, considering that its specific techniques and methods are oriented toward solving problems related to resource optimum allocation and utilization.
The present paper presents briefly a series of theoretical elements of dynamic programming applied in logistics, based on which it is shown a mathematic model to determine the optimum policy for transport capacity repartition for the area attached to a logistic centre, through three distribution centres.
Contents
Empirical Study on the Financial Reporting of Intangible Assets by Romanian Companies
Optimum Repartition of Transport Capacities in the Logistic System using Dynamic Programming
User Types in Online Applications
Optimality of Fiscal Policy in Romania in Terms of Laffer Curve
The Causal Relationship between Health and Education Expenditures in Malaysia
Law Antimonopoly of China – a Model of European Inspiration
Work: Social Status and the Role of Work along History – Since Ancient Times to Modern Times
Determination of Import Demand in Pakistan: The Role of Expenditure Components
Stock Markets Correlation: before and during the Crisis Analysis
The Decision to Invest and Economic Growth. Romania’s Case
Economic Crisis Perspective between Current and Forecast