The problem of production-distribution under uncertainty based on Vendor Managed Inventory
Journal Title: International Journal of Innovation in Engineering (IJIE) - Year 2022, Vol 2, Issue 1
Abstract
In this paper, a problem of managed inventory by the vendor in the production-distribution supply chain is presented based on the scenario. The main purpose of presenting the model of maximizing producer profit in a three-level supply chain network consisting of various strategic and tactical decisions under uncertainty. Due to the nonlinearity and NP-Hardness of the problem, meta-heuristic genetic algorithms, Whale optimization algorithm and league champions algorithm have been used. The results of problem solving show the high efficiency of meta-heuristic algorithms compared to accurate methods in solving the above model. So that the maximum percentage of relative differences between the methods mentioned with GAMS is less than 1%.Also, by solving the sample problems in larger sizes, it was observed that the league champions algorithm has the highest efficiency in terms of achieving the optimal value of the target function in a shorter time than the other algorithms used, with a useful weight of 0.998.
Authors and Affiliations
Paria Samadi Parviznejad,Farshid Golzadeh,
Keywords
Related Articles
- EP ID EP711480
- DOI -
- Views 46
- Downloads 0
Effect of Corporate Governance on Financial Statement Quality of Listed Deposit Money Banks in Nigeria
This study examined the effect of corporate governance on financial statement quality of listed deposit money banks in Nigeria. The study specifically examined the effect of board independence and audit committee on fina...
Absorption in the wavemaker by Artificial neural networks (ANNs)
Wave-making theories are becoming available, but their applicability is limited to specific ranges of waves and wavemaker types. Machine learning can also be used to discover nonlinear functional relationships. As a resu...
Innovative Drying Tool (Oven) with the Hot Air Flow Method to Improve Productivity and Quality of Sugar for Small Medium Enterprise in Indonesia
Sugar production from palm trees, has become a livelihood for some Indonesian people. The aim of this research is to help Small Medium Enterprises increase the production of ant sugars by modifying conventional ovens wit...
A Survey of Studentsâ Attitudes to Big Data Analysis in Iranian Universities
Today, with the emergence of new technologies and massive data, big data analysis has attracted the attention of researchers, industries and universities on a global scale. The present research aims to explore studentsâ...
Investigating the key indicators of implementing car paint quality management in the automotive industry
With the increasing development of science and technology, economics and industry have gone beyond their traditional framework and are becoming more and more knowledge-based every day. In this regard, identifying and rev...