2007•Unpublished venueRequires access

Integrated Networks of Third Party Logistics Service Providers

Yong Peng, Hongyun Yao

Abstract

This paper discusses how to integrate forward and reverse logistics to decrease the total cost of third party logistics service providers. A mathematic model is provided without the assumption of straight-line distance. Product demand and return amount can vary randomly. Then we develop a Genetic Algorithm to solve this NP-hard problem and discuss its convergence. At last an example is available.

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Available abstract

Key concepts: Service provider, Third party, Computer science, Convergence (economics), Service (business), Integrated logistics support, Genetic algorithm, Product (mathematics)