Loading...
Stochastic algorithms for managing the flows of material resources of a logistics hub
Author(s)
Date Issued
January 1, 2021
Type
Book Chapter
Abstract
Digital logistics platforms have already become a major trend in the recent years, making dramatic advances during the COVID-19 pandemic. The architecture of modern logistics industry exhibits a tendency towards consolidation of commerce into networks. Making decisions in such a business environment is difficult due to imperfect algorithms, which is the main obstacle to increasing the economic feasibility of logisitcs. This study considers the development of an algorithmic basis for the software shell of the control server processing the flow of data on the movement of goods and cargo through a network. Because it is more profitable to use two-stage rather than single-stage nodes for intermediate storage and processing in modern commercial networks, the mathematical model should reflect the complex structure of such a logistics hub. The algorithms were developed acccounting for the stochastic nature of the flows of goods and cargo due to the market uncertainty of the operating conditions of the logistics hub.
Citation
Global Challenges of Digital Transformation of Markets, 33-48, 2021