Logistics systems optimization under competition

Tsan Ming Choi, Kannan Govindan, Lijun Ma

Research output: Journal article publicationJournal articleAcademic researchpeer-review

1 Citation (Scopus)

Abstract

Nowadays, optimization on logistics and supply chain systems is a crucial and critical issue in industrial and systems engineering. Important areas of logistics and supply chain systems include transportation control, inventory management, and facility location planning. Under a competitive market environment, decision making for all these critical areas requires more sophisticated mathematical modeling and analysis. Since finding the optimal solution of MCVRP is computationally expensive, they design a few guiding rules, which employ the searching history, to enhance the searching. They conduct numerical analysis and reveal that their proposed method significantly outperforms the classical method. They conduct their analysis from the manufacturer?s perspective. Technically, they convert the proposed FDEA model into a crisp linear programming optimization problem. As a result, the problem is formulated as an interval programming problem.
Original languageEnglish
Article number106142
JournalMathematical Problems in Engineering
Volume2015
DOIs
Publication statusPublished - 1 Jan 2015

ASJC Scopus subject areas

  • Mathematics(all)
  • Engineering(all)

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