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Chinese Journal of Management Science ›› 2003, Vol. ›› Issue (2): 45-49.

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A Randomized Mathematic Model of Logistic System and Allocation of its Distribution Center

YANG Bo   

  1. School of Business, University of Science and Technology of China, Hefei 230026, China
  • Received:2002-10-10 Online:2003-04-28 Published:2012-03-06

Abstract: In some classical models of logistic system the demand of each city is assumed to be constant.In this paper we propose a randomized model logistic system,in which the demand of each city is regarded as a random variable.A quantitative approach to determine the distribution center is derived.In doing this,some details of mathematics are involved.

Key words: logistics system, distribution center allocation, random variable, stop-loss function, comonotonicity

CLC Number: