Click for new scientific resources and news about Corona[COVID-19]

Paper Information

Journal:   JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL   MARCH 2016 , Volume 12 , Number 1; Page(s) 29 To 43.
 
Paper: 

A DISCRETE PARTICLE SWARM OPTIMIZATION ALGORITHM WITH LOCAL SEARCH FOR A PRODUCTION-BASED TWO-ECHELON SINGLE-VENDOR MULTIPLE-BUYER SUPPLY CHAIN

 
 
Author(s):  SEIFBARGHY MEHDI*, MIRZAEI KALANI MASOUD, HEMMATI MOJTABA
 
* DEPARTMENT OF INDUSTRIAL ENGINEERING, ALZAHRA UNIVERSITY, TEHRAN, IRAN
 
Abstract: 

This paper formulates a two-echelon singleproducer multi-buyer supply chain model, while a single product is produced and transported to the buyers by the producer. The producer and the buyers apply vendormanaged inventory mode of operation. It is assumed that the producer applies economic production quantity policy, which implies a constant production rate at the producer.
The operational parameters of each buyer are sales quantity, sales price and production rate. Channel profit of the supply chain and contract price between the producer and each buyer is determined based on the values of the operational parameters. Since the model belongs to nonlinear integer programs, we use a discrete particle swarm optimization algorithm (DPSO) to solve the addressed problem, however, the performance of the DPSO is compared utilizing two well-known heuristics, namely genetic algorithm and simulated annealing. A number of examples are provided to verify the model and assess the performance of the proposed heuristics. Experimental results indicate that DPSO outperforms the rival heuristics, with respect to some comparison metrics.

 
Keyword(s): VENDOR-MANAGED INVENTORY, ECONOMIC PRODUCTION QUANTITY, SUPPLY CHAIN, PARTICLE SWARM OPTIMIZATION
 
 
References: 
 
Citations: 
  • Not Registered.
 
+ Click to Cite.
APA: Copy

SEIFBARGHY, M., & MIRZAEI KALANI, M., & HEMMATI, M. (2016). A DISCRETE PARTICLE SWARM OPTIMIZATION ALGORITHM WITH LOCAL SEARCH FOR A PRODUCTION-BASED TWO-ECHELON SINGLE-VENDOR MULTIPLE-BUYER SUPPLY CHAIN. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, 12(1), 29-43. https://www.sid.ir/en/journal/ViewPaper.aspx?id=510845



Vancouver: Copy

SEIFBARGHY MEHDI, MIRZAEI KALANI MASOUD, HEMMATI MOJTABA. A DISCRETE PARTICLE SWARM OPTIMIZATION ALGORITHM WITH LOCAL SEARCH FOR A PRODUCTION-BASED TWO-ECHELON SINGLE-VENDOR MULTIPLE-BUYER SUPPLY CHAIN. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL. 2016 [cited 2021August05];12(1):29-43. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=510845



IEEE: Copy

SEIFBARGHY, M., MIRZAEI KALANI, M., HEMMATI, M., 2016. A DISCRETE PARTICLE SWARM OPTIMIZATION ALGORITHM WITH LOCAL SEARCH FOR A PRODUCTION-BASED TWO-ECHELON SINGLE-VENDOR MULTIPLE-BUYER SUPPLY CHAIN. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, [online] 12(1), pp.29-43. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=510845.



 
  pdf-File
Yearly Visit 31
 
 
Latest on Blog
Enter SID Blog