Weighted Sum Method for Multi-objective Optimization LP Model for Supply Chain Management of Perishable Products in a Diary Company

Author(s):  
Sara Manuela Alayón Suárez
Mathematics ◽  
2020 ◽  
Vol 8 (9) ◽  
pp. 1621
Author(s):  
Irfan Ali ◽  
Armin Fügenschuh ◽  
Srikant Gupta ◽  
Umar Muhammad Modibbo

Vendor selection is an established problem in supply chain management. It is regarded as a strategic resource by manufacturers, which must be managed efficiently. Any inappropriate selection of the vendors may lead to severe issues in the supply chain network. Hence, the desire to develop a model that minimizes the combination of transportation, deliveries, and ordering costs under uncertainty situation. In this paper, a multi-objective vendor selection problem under fuzzy environment is solved using a fuzzy goal programming approach. The vendor selection problem was modeled as a multi-objective problem, including three primary objectives of minimizing the transportation cost; the late deliveries; and the net ordering cost subject to constraints related to aggregate demand; vendor capacity; budget allocation; purchasing value; vendors’ quota; and quantity rejected. The proposed model input parameters are considered to be LR fuzzy numbers. The effectiveness of the model is illustrated with simulated data using R statistical package based on a real-life case study which was analyzed using LINGO 16.0 optimization software. The decision on the vendor’s quota allocation and selection under different degree of vagueness in the information was provided. The proposed model can address realistic vendor selection problem in the fuzzy environment and can serve as a useful tool for multi-criteria decision-making in supply chain management.


2016 ◽  
Vol 825 ◽  
pp. 153-160
Author(s):  
Adéla Hlobilová ◽  
Matěj Lepš

This paper deals with a reconstruction of random media via multi-objective optimization. Two statistical descriptors, namely a two-point probability function and a two-point lineal path function, are repetitively evaluated for the original medium and the reconstructed image to appreciate the improvement in the optimization progress. Because of doubts of the weights setting in the weighted-sum method, purely multi-objective optimization routine Non-dominated Sorting Genetic Algorithm~II is utilized. Three operators are compared for creating new offspring populations that satisfy a prescribed volume fraction constraint. The main contribution is in the testing of the proposed methodology on several benchmark images.


Author(s):  
Seval Ene ◽  
Nursel Öztürk

In supply chain management, economical objectives have traditionally guided decisions of the supply chains. However, with increased global environmental and social concerns, in recent years, green aspects have been incorporated in supply chain decisions. These expansions lead to new research areas about green or sustainable supply chain management that includes applying various green practices in order to reduce negative impact on the environment or providing sustainable development. The purpose of this study is to develop a multi-objective optimization model for determining network design of the green supply chains. In multi-objective frame of the proposed model, total profit maximization and environmental impact minimization objectives are considered in order to obtain best network configuration for economic and environmental performance of the green chain. The proposed model is validated with numerical experiments. Obtained results showed that the model can be used as a strategic decision tool in problems with multi and conflicting objectives.  Keywords: Green supply chain management, multi-objective modelling, network optimization;  


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