Improving Warehousing and Distribution Process at Miami Dade Transit
In Warehousing, a major cost element in the logistics is transportation cost and it is volume dependent. This also presents a framework and a classification of Warehouse design and control problems. The main objective is to determine the ordering of lot-size for each Warehouse so that the long-run average cost is minimized. It also illustrates potential benefits about reduced transportation, labor costs and service items.
The primary objective of this research project is to develop a smooth and efficient logistics operation for locating, storing and distribution facilities in the multi-echelon environment of Miami.
The project is funded by Miami Dade Transit (MDT) with a budget of $48,046, under the $250,000/year agreement between FIU/LCTR and MDT.