Dynamic RTI Repositioning with IoT Technology
Author(s): Meyknecht, N.C. (2021)
Abstract:
This study addresses the potential increase in effiency of Returnable Transport Item (RTI) logistics. Specifically, the study addresses how dynamic RTI repositioning can be implemented under a depot RTI control strategy. This study proposes a parametric and sequantial routing heuristic which plans forward logistics and reverse logistics sequentially. Parameter settings are optimized through Optimal Learning techniques. Results show that a hybrid RTI control strategy, in which RTIs are both repositioned along side the depot control strategy, increase RTI logistics efficiency.
Document(s):
meyknecht_MA_BMS.pdf