Stochastic Optimization Methods For Supply Chains With Perishable Products
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Stochastic Optimization Methods For Supply Chains With Perishable Products
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Author : Michael A. Völkel
language : en
Publisher: Logos Verlag Berlin GmbH
Release Date : 2020-07-03
Stochastic Optimization Methods For Supply Chains With Perishable Products written by Michael A. Völkel and has been published by Logos Verlag Berlin GmbH this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-03 with Mathematics categories.
This book deals with inventory systems in supply chains that face risks that could render products unsalable. These risks include possible cooling system failures, transportation risks, packaging errors, handling errors, or natural quality deterioration over time like spoilage of food or blood products. Classical supply chain inventory models do not regard these risks. This thesis introduces novel cost models that consider these risks. It also analyzes how real-time tracking with RFID sensors and smart containers can contribute to decision making. To solve these cost models, this work presents new solution methods based on dynamic programming. In extensive computational studies both with experimental as well as real-life data from large players in the retailer industry, the solution methods prove to lead to substantially lower costs than existing solution methods and heuristics.
Supply Chain Optimization
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Author : Joseph Geunes
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-03-30
Supply Chain Optimization written by Joseph Geunes and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-30 with Business & Economics categories.
Supply Chain Optimization captures the latest results in a segment of current research activity in supply chain management. This research area focuses on applying optimization techniques to supply chain management problems. The research papers that make up the volume provide a snapshot of state-of-the-art optimization methods within the field. This book presents rigorous modelling approaches for supply chain operations problems with a goal of improving supply chain performance (or the performance of some segment thereof). It contains high-quality works from leading researchers in the field whose expertise fits within this scope. The book provides a diverse blend of research topics and novel modelling and solution approaches for difficult classes of supply chain operations, planning, and design problems.
Networks Against Time
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Author : Anna Nagurney
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-02-01
Networks Against Time written by Anna Nagurney and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-01 with Business & Economics categories.
Despite significant achievements, the discipline of supply chain management is still unable to satisfactorily handle many practical real-world challenges. The authors of Networks Against Time claim that a unified supply chain network analytics framework is needed which should be able to handle optimization and competitive behavior while also maintain relevance to many industrial sectors in which perishable products are prominent, from healthcare to food and from fashion apparel to technology. This Brief provides a wide range of critical supply chain problems which are modeled as generalized networks. Guidelines are provided to determine the arc multipliers that capture perish ability of the product whether food, radioisotopes, or even highly perishable blood in healthcare over space and time. Through case studies the authors portray the application of the models and algorithms to real-world sectors which illustrate the power of the framework in practice. The models and algorithms are fully described along with the input and output data in the case studies. This level of transparency is useful pedagogically as well as for future research and for applications in practice. Researchers and practitioners in mathematics, in operations research and management science, operations management, as well as in economics and computer science will find this book useful to gain a broader appreciation of the richness of network supply chain structures, processes, and applications. This book can also be used by advanced undergraduate students and graduate students in the disciplines noted above to familiarize themselves with methodologies and supply chain network models and applications.
Optimal Control And Optimization Of Stochastic Supply Chain Systems
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Author : Dong-Ping Song
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-11-29
Optimal Control And Optimization Of Stochastic Supply Chain Systems written by Dong-Ping Song and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-29 with Technology & Engineering categories.
Optimal Control and Optimization of Stochastic Supply Chain Systems examines its subject the context of the presence of a variety of uncertainties. Numerous examples with intuitive illustrations and tables are provided, to demonstrate the structural characteristics of the optimal control policies in various stochastic supply chains and to show how to make use of these characteristics to construct easy-to-operate sub-optimal policies. In Part I, a general introduction to stochastic supply chain systems is provided. Analytical models for various stochastic supply chain systems are formulated and analysed in Part II. In Part III the structural knowledge of the optimal control policies obtained in Part II is utilized to construct easy-to-operate sub-optimal control policies for various stochastic supply chain systems accordingly. Finally, Part IV discusses the optimisation of threshold-type control policies and their robustness. A key feature of the book is its tying together of the complex analytical models produced by the requirements of operational practice, and the simple solutions needed for implementation. The analytical models and theoretical analysis propounded in this monograph will be of benefit to academic researchers and graduate students looking at logistics and supply chain management from standpoints in operations research or industrial, manufacturing, or control engineering. The practical tools and solutions and the qualitative insights into the ideas underlying functional supply chain systems will be of similar use to readers from more industrially-based backgrounds.
Large Scale Optimization In Supply Chains And Smart Manufacturing
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Author : Jesús M. Velásquez-Bermúdez
language : en
Publisher: Springer
Release Date : 2020-09-20
Large Scale Optimization In Supply Chains And Smart Manufacturing written by Jesús M. Velásquez-Bermúdez and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-20 with Mathematics categories.
In this book, theory of large scale optimization is introduced with case studies of real-world problems and applications of structured mathematical modeling. The large scale optimization methods are represented by various theories such as Benders’ decomposition, logic-based Benders’ decomposition, Lagrangian relaxation, Dantzig –Wolfe decomposition, multi-tree decomposition, Van Roy’ cross decomposition and parallel decomposition for mathematical programs such as mixed integer nonlinear programming and stochastic programming. Case studies of large scale optimization in supply chain management, smart manufacturing, and Industry 4.0 are investigated with efficient implementation for real-time solutions. The features of case studies cover a wide range of fields including the Internet of things, advanced transportation systems, energy management, supply chain networks, service systems, operations management, risk management, and financial and sales management. Instructors, graduate students, researchers, and practitioners, would benefit from this book finding the applicability of large scale optimization in asynchronous parallel optimization, real-time distributed network, and optimizing the knowledge-based expert system for convex and non-convex problems.
Supply Chain Optimization Part Ii
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Author :
language : en
Publisher: John Wiley & Sons
Release Date : 2007-11-28
Supply Chain Optimization Part Ii written by and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-28 with Technology & Engineering categories.
Inspired by the leading authority in the field, the Centre for Process Systems Engineering at Imperial College London, this book includes theoretical developments, algorithms, methodologies and tools in process systems engineering and applications from the chemical, energy, molecular, biomedical and other areas. It spans a whole range of length scales seen in manufacturing industries, from molecular and nanoscale phenomena to enterprise-wide optimization and control. As such, this will appeal to a broad readership, since the topic applies not only to all technical processes but also due to the interdisciplinary expertise required to solve the challenge. The ultimate reference work for years to come.
Supply Chain Optimization Management And Integration Emerging Applications
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Author : Wang, John
language : en
Publisher: IGI Global
Release Date : 2010-11-30
Supply Chain Optimization Management And Integration Emerging Applications written by Wang, John and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-30 with Business & Economics categories.
Our rapidly changing world has forced business practitioners, in corporation with academic researchers, to respond quickly and develop effective solution methodologies and techniques to handle new challenges in supply chain systems. Supply Chain Optimization, Management and Integration: Emerging Applications presents readers with a rich collection of ideas from researchers who are bridging the gap between the latest in information technology and supply chain management. This book includes theoretical, analytical, and empirical research, comprehensive reviews of relevant research, and case studies of effective applications in the field of SCM. The use of new technologies, methods, and techniques are emphasized by those who have worked with supply chain management across the world for those in the field of information systems.
Optimization And Decision Support Systems For Supply Chains
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Author : Ana Paula Barbosa Póvoa
language : en
Publisher: Springer
Release Date : 2016-09-13
Optimization And Decision Support Systems For Supply Chains written by Ana Paula Barbosa Póvoa and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-13 with Technology & Engineering categories.
This contributed volume presents a collection of materials on supply chain management including industry-based case studies addressing petrochemical, pharmaceutical, manufacturing and reverse logistics topics. Moreover, the book covers sustainability issues, as well as optimization approaches. The target audience comprises academics, industry managers, and practitioners in the field of supply chain management, being the book also beneficial for graduate students
Optimization Under Uncertainty In Sustainable Agriculture And Agrifood Industry
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Author : Víctor M. Albornoz
language : en
Publisher: Springer
Release Date : 2024-03-23
Optimization Under Uncertainty In Sustainable Agriculture And Agrifood Industry written by Víctor M. Albornoz and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-23 with Business & Economics categories.
This book explores optimization under uncertainty and related applications in agriculture, sustainable supply chains and the agrifood industry. Rapid changes in the primary sector are leading to more and more industrialized structures, which require optimization methods in order to cope with today’s challenges. Addressing uncertainty in the agrifood industry may lead to more robust supply chain designs or to diversified risk. Sustainability requires interaction with the environmental or social sciences. This book bridges the gap between optimization theory, uncertainty, sustainability and primary-sector applications (mainly in the agriculture and food industry, but also fisheries, forestry and natural resources in general). Although it has been a major challenge for the operations research community, this urgently needed interdisciplinary collaboration is not adequately covered in most current curricula in applied mathematics, economics or (agronomic/industrial/forest) engineering. This book highlights research that can help fill this gap. The individual chapters cover applications of stochastic integer linear programming and multicriteria decision methods in agriculture. The topics addressed include uncertainty in areas such as the sugar cane industry, pig farming, and cold storage for perishable products. Large-scale sustainable food production is a growing concern; this book offers solutions to help meet global demand in agriculture by using and improving the methods of optimization theory and operations research.
Supply Chain Optimization Under Uncertainty
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Author : Barrie M. Cole
language : en
Publisher: Vernon Press
Release Date : 2014-12-15
Supply Chain Optimization Under Uncertainty written by Barrie M. Cole and has been published by Vernon Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-15 with Business & Economics categories.
Drawing on cutting-edge research, this book proposes a new 'Supply Chain Optimization under Uncertainty’, technology. Its application can bring many proven benefits to supply chain entities, any associated service providers, and, of course, the customers. The technology can provide the best design and operating solution for a Supply Chain Network (SCN) that is subject to any prevailing conditions of Operational Uncertainty (OU). A SCN is defined as a network of production facilities, distribution centers and retail sales outlets. OU is defined as any relevant combination of i) multiple process objectives e.g. a business needs to maximize operating profits and to minimize inventory levels, ii) fuzziness (<, <=, >, or >=) e.g. sales <= 1500 t/mth and iii) probability e.g. sale of fertilizer is dependent on probabilistic rainfall. Following this method always enables the determination of realistic optimum supply chain solutions, since the effects of any operational uncertainties are always provided for. The book is arranged in two parts. The first part covers the theory and recent research into supply chain optimization under uncertainty. The second part documents the application of the newly proposed technology to an agricultural fertilizer’s (NPK, South Africa) supply chain.