Solving the Two-Stage Supply Chain Network Design Problem with Risk-Pooling and Lead Times by an Efficient Genetic Algorithm

2020 ◽  
pp. 509-519
Author(s):  
Ovidiu Cosma ◽  
Petrica Pop ◽  
Cosmin Sabo
Keyword(s):  
Genetic Algorithm ◽  
Supply Chain ◽  
Network Design ◽  
Design Problem ◽  
Network Design Problem ◽  
Lead Times ◽  
Supply Chain Network Design ◽  
Supply Chain Network ◽  
Two Stage ◽  
Risk Pooling

Solving a Two-stage Supply Chain Network Design Problem with Fixed Costs by a Hybrid Genetic Algorithm

2021 ◽  
Author(s):  
Ovidiu Cosma ◽  
Petrică C Pop ◽  
Cosmin Sabo
Keyword(s):  
Genetic Algorithm ◽  
Supply Chain ◽  
Network Design ◽  
Design Problem ◽  
Optimization Problem ◽  
Hybrid Genetic Algorithm ◽  
Network Design Problem ◽  
Supply Chain Network Design ◽  
Supply Chain Network ◽  
Fixed Costs

Abstract In this paper we investigate a particular two-stage supply chain network design problem with fixed costs. In order to solve this complex optimization problem, we propose an efficient hybrid algorithm, which was obtained by incorporating a linear programming optimization problem within the framework of a genetic algorithm. In addition, we integrated within our proposed algorithm a powerful local search procedure able to perform a fine tuning of the global search. We evaluate our proposed solution approach on a set of large size instances. The achieved computational results prove the efficiency of our hybrid genetic algorithm in providing high-quality solutions within reasonable running-times and its superiority against other existing methods from the literature.

Physarum solver: a bio-inspired method for sustainable supply chain network design problem

2017 ◽  
Vol 254 (1-2) ◽  
pp. 533-552 ◽  
Author(s):  
Xiaoge Zhang ◽  
Andrew Adamatzky ◽  
Felix T. S. Chan ◽  
Sankaran Mahadevan ◽  
Yong Deng
Keyword(s):  
Supply Chain ◽  
Network Design ◽  
Design Problem ◽  
Network Design Problem ◽  
Supply Chain Network Design ◽  
Supply Chain Network ◽  
Sustainable Supply Chain
Sign in / Sign up

Export Citation Format

Share Document