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dc.contributor.authorWest, Jason
dc.contributor.editorRuhul Sarker
dc.date.accessioned2017-05-03T16:02:29Z
dc.date.available2017-05-03T16:02:29Z
dc.date.issued2011
dc.date.modified2011-09-09T07:05:40Z
dc.identifier.issn0812860X
dc.identifier.urihttp://hdl.handle.net/10072/40672
dc.description.abstractThis paper employs a stochastic and dynamic intermediate storage model to estimate the optimal stockpile levels at both a mine and port for a coal supply chain. The optimisation model demonstrates that the principle costs incurred from high inventories of coal include working capital, storage costs and double handling costs, whilst costs incurred from low inventories are dominated by train cancellations, spot price purchases of coal to make up shortfalls and demurrage. The optimisation model allows for the dynamic interaction of cost functions across the supply chain and results in optimal inventories that are typically lower than intuitively assumed by logistics managers.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.format.extent121288 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglish
dc.language.isoeng
dc.publisherAustralian Society for Operations Research
dc.publisher.placeAustralia
dc.publisher.urihttp://www.asor.org.au/publication/page.php?page=21
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom2
dc.relation.ispartofpageto12
dc.relation.ispartofissue2
dc.relation.ispartofjournalASOR Bulletin
dc.relation.ispartofvolume30
dc.rights.retentionY
dc.subject.fieldofresearchOptimisation
dc.subject.fieldofresearchInformation Systems
dc.subject.fieldofresearchBusiness and Management
dc.subject.fieldofresearchcode010303
dc.subject.fieldofresearchcode0806
dc.subject.fieldofresearchcode1503
dc.titleOptimising Coal Stockpiles in a Supply Chain Using a Dynamic Cost Flow Model
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.rights.copyright© The Author(s) 2011. The attached file is reproduced here in accordance with the copyright policy of the publisher. For information about this journal please refer to the journal's website or contact the author.
gro.date.issued2011
gro.hasfulltextFull Text
gro.griffith.authorWest, Jason


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