scholarly journals Optimization of Consignment-Store-Based Supply Chain with Black Hole Algorithm

Complexity ◽  
2017 ◽  
Vol 2017 ◽  
pp. 1-12 ◽  
Author(s):  
Ágota Bányai ◽  
Tamás Bányai ◽  
Béla Illés

The globalization of economy and market led to increased networking in the field of manufacturing and services. These manufacturing and service processes including supply chain became more and more complex. The supply chain includes in many cases consignment stores. The design and operation of these complex supply chain processes can be described as NP-hard optimization problems. These problems can be solved using sophisticated models and methods based on metaheuristic algorithms. This research proposes an integrated supply model based on consignment stores. After a careful literature review, this paper introduces a mathematical model to formulate the problem of consignment-store-based supply chain optimization. The integrated model includes facility location and assignment problems to be solved. Next, an enhanced black hole algorithm dealing with multiobjective supply chain model is presented. The sensitivity analysis of the heuristic black hole optimization method is also described to check the efficiency of new operators to increase the convergence of the algorithm. Numerical results with different datasets demonstrate how the proposed model supports the efficiency, flexibility, and reliability of the consignment-store-based supply chain.

2011 ◽  
Vol 411 ◽  
pp. 378-382
Author(s):  
Yong Gao ◽  
Ming Yu Li ◽  
Jian Ping Wang

In order to resolve material ordering and inventory control problem in supply chain, optimization method based on GA is put forward. Supply chain model in the paper is made up of one supplier, one manufacturer, N-retailers and end customers. Moreover, supply chain model is developed in terms of two policies: traditionally centralized controlling policy and the coordinating controlling policy. Lastly, optimizing ordering and inventory control problem for supply chain is solved by genetic algorithm (GA), and an instance is illustrated to show the validity of the method.


Author(s):  
S. Nallusamy ◽  
A.M. Muhammad Umarmukdhar ◽  
R. Suganthini Rekha

In global competitive atmosphere, foundry industries are needed to perform efficiently with minimum percentage of rejections there by reducing cost of manufacturing. Foundries are using state of art processes with the involvement of experienced and knowledgeable people but the experience and knowledge needs to be transformed for the growth of the industries. Some foundries are working in a trial and error mode and get their work done. Many foundries have very less control on the rejections since they are in critical need of meeting production targets and they ignore the rejections and recover the castings. They need to have an efficient quality control aspiring for defects free castings with minimum production cost. Strategic decision makers need extensive models to guide them for efficient decision making that increases their profitability of the entire chain. The noval idea of this research is to investigate the various defects of cast iron foundry and suggest remedies for the defects in a day to day activity and propose a supply chain model to present the necessity of quality in a medium scale industry of cast iron foundry under different delay conditions, rejection rates and also various other factors. The results of the proposed model have been discussed and confirmed based on the original results of an industry. This research is also inspects the relationship between supply chain processes and quality as a key role in supply chain management.


Author(s):  
John Kaliski ◽  
Queen Booker

Thanks to the strategic priorities of the current federal administration, discussions about green management are a popular trend in the business community. Increasing efficiency, limiting energy consumption, and reducing waste internally as well as along the supply chain has been one way that managers have addressed “going green.” Some examples include front-to-back printing and stringent recycling efforts. For the lumber industry, going green is not as easy as changing how employees print or recycle plastic bottles, especially since one of the main resources in the lumber industry is wood. In this regard, the authors discuss a proposed supply chain model to reduce intra-process shipments, improve raw material acquisition and usage, and improve production yields through repurposing of the wood by-product created during the manufacture of reclaimed, wood-based products. The proposed model also suggests that entrepreneurial efforts could lead the way in innovating how wood by-products can be used to create disruptive methods that could lead to new wood based businesses.


Author(s):  
John Kaliski ◽  
Queen Booker

Thanks to the strategic priorities of the current federal administration, discussions about green management are a popular trend in the business community. Increasing efficiency, limiting energy consumption, and reducing waste internally as well as along the supply chain has been one way that managers have addressed “going green.” Some examples include front-to-back printing and stringent recycling efforts. For the lumber industry, going green is not as easy as changing how employees print or recycle plastic bottles, especially since one of the main resources in the lumber industry is wood. In this regard, the authors discuss a proposed supply chain model to reduce intra-process shipments, improve raw material acquisition and usage, and improve production yields through repurposing of the wood by-product created during the manufacture of reclaimed, wood-based products. The proposed model also suggests that entrepreneurial efforts could lead the way in innovating how wood by-products can be used to create disruptive methods that could lead to new wood based businesses.


2015 ◽  
Vol 733 ◽  
pp. 964-967
Author(s):  
Bai Li Guo

This paper analysis the elements and realization form of hybrid supply chain, and describes the relationship between the service-oriented manufacturing and hybrid supply chain based on the concept, attribute and function of the service-oriented manufacturing model. Article concluded that under the service-oriented manufacturing model of the traditional supply chain integration and optimization, there are two ways: hybrid supply chain model based on endogenous and hybrid supply chain model based on symbiosis. When manufacturing enterprises selected hybrid supply chain model based on endogenous, value evaluation has become a key issue for its optimization; when the selection is hybrid supply chain model based on symbiosis, effective choice of partners will become a key problem for its optimization. Either endogenous or symbiotic hybrid supply chain model will eventually encourage manufacturing companies to build a supply chain optimization model to adapt to their own development, achieve a successful transition to the service-oriented manufacturing.


Author(s):  
Rajaram R. ◽  
Jawahar N. ◽  
S. G. Ponnambalam ◽  
Mukund Nilakantan Janardhanan

It is very relevant in today's competitive world for suppliers to ensure that customer-demanded products are made available. Customers expect to obtain a product that has benefits and are available within an acceptable price and time. It is necessary for companies to optimally use their ability to satisfy customers' specified needs. Researchers and industries are working on developing green supply chain concept in the last few years due to environmental concerns. The objective of this chapter is to propose a three-echelon supply chain model that optimizes economic and environmental objectives simultaneously. The objectives considered are minimizing the total supply chain cost and minimizing CO2 emission of the supply chain network. The proposed model falls into NP-hard category. Multi-objective genetic algorithm is proposed to solve the proposed model and illustration is provided to explain the use of the proposed model. A procedure that could be followed to find the best possible solution based on user's choice among the Pareto front solutions is also explained.


2018 ◽  
Vol 28 (3) ◽  
pp. 355-369
Author(s):  
Poonam Mishra ◽  
Isha Talati

Due to uncertainty in economy, business players examine different ways to ensure the survival and growth in the competitive atmosphere. In this scenario, the use of effective promotional tool and co-ordination among players enhance supply chain profit. The proposed model deals with the effect of quantity discount on an integrated inventory system for constantly deteriorating items with fix life time. We use advertisement and quantity discount to accelerate stock dependent demand and further, the offered preservation technology for controlling deterioration rate. The model is validated numerically, and the sensitivity analysis for critical supply chain parameters is carried out. The results can be used in the decision making process of the supply chains associated with the supply of cosmetic, tinned food, drugs, and other FMCGs.


2021 ◽  
pp. 1-15
Author(s):  
Sudip Adak ◽  
G.S. Mahapatra

This paper develops a fuzzy two-layer supply chain for manufacturer and retailer with defective and non-defective types of products. The manufacturer produces up to a specific time, including faulty and non-defective items, and after the screening, the non-defective item sends to the retailer. The retailer’s strategy is to do the screening of items received from the manufacturer; subsequently, the perfect quality items are used to fulfill the customer’s demand, and the defective items are reworked. The retailer considers that customer demand is time and reliability dependent. The supply chain considers probabilistic deterioration for the manufacturer and retailers along with the strategies such as production rate, unit production cost, cost of idle time of manufacturer, screening, rework, etc. The optimum average profit of the integrated model is evaluated for both the cases crisp and fuzzy environments. Managerial insights and the effect of changes in the parameters’ values on the optimal inventory policy under fuzziness are presented.


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