Stochastic Optimization Methods For Supply Chains With Perishable Products

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Stochastic optimization methods for supply chains with perishable products

Author : Michael A. Völkel
Publisher : Logos Verlag Berlin GmbH
ISBN 13 : 3832551077
Total Pages : 119 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Stochastic optimization methods for supply chains with perishable products by : Michael A. Völkel

Download or read book Stochastic optimization methods for supply chains with perishable products written by Michael A. Völkel and published by Logos Verlag Berlin GmbH. This book was released on 2020-07-03 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Joseph Geunes
Publisher : Springer Science & Business Media
ISBN 13 : 0387262814
Total Pages : 418 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Supply Chain Optimization by : Joseph Geunes

Download or read book Supply Chain Optimization written by Joseph Geunes and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Anna Nagurney
Publisher : Springer Science & Business Media
ISBN 13 : 1461462770
Total Pages : 148 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Networks Against Time by : Anna Nagurney

Download or read book Networks Against Time written by Anna Nagurney and published by Springer Science & Business Media. This book was released on 2013-02-01 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Supply Chain Optimization, Management and Integration: Emerging Applications

Author : Wang, John
Publisher : IGI Global
ISBN 13 : 1609601378
Total Pages : 418 pages
Book Rating : 4.6/5 (96 download)

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Book Synopsis Supply Chain Optimization, Management and Integration: Emerging Applications by : Wang, John

Download or read book Supply Chain Optimization, Management and Integration: Emerging Applications written by Wang, John and published by IGI Global. This book was released on 2010-11-30 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Large Scale Optimization in Supply Chains and Smart Manufacturing

Author : Jesús M. Velásquez-Bermúdez
Publisher : Springer
ISBN 13 : 9783030227906
Total Pages : 0 pages
Book Rating : 4.2/5 (279 download)

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Book Synopsis Large Scale Optimization in Supply Chains and Smart Manufacturing by : Jesús M. Velásquez-Bermúdez

Download or read book Large Scale Optimization in Supply Chains and Smart Manufacturing written by Jesús M. Velásquez-Bermúdez and published by Springer. This book was released on 2020-09-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Optimal Control and Optimization of Stochastic Supply Chain Systems

Author : Dong-Ping Song
Publisher : Springer Science & Business Media
ISBN 13 : 1447147243
Total Pages : 282 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Optimal Control and Optimization of Stochastic Supply Chain Systems by : Dong-Ping Song

Download or read book Optimal Control and Optimization of Stochastic Supply Chain Systems written by Dong-Ping Song and published by Springer Science & Business Media. This book was released on 2012-11-29 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Supply-Chain Optimization, Part II

Author :
Publisher : John Wiley & Sons
ISBN 13 : 9783527319060
Total Pages : 376 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Supply-Chain Optimization, Part II by :

Download or read book Supply-Chain Optimization, Part II written by and published by John Wiley & Sons. This book was released on 2007-11-28 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Business, Economic and Financial Issues in Emerging Markets and Advanced Economies after the COVID-19 Crisis

Author : Giray Gozgor
Publisher : Frontiers Media SA
ISBN 13 : 2832534317
Total Pages : 223 pages
Book Rating : 4.8/5 (325 download)

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Book Synopsis Business, Economic and Financial Issues in Emerging Markets and Advanced Economies after the COVID-19 Crisis by : Giray Gozgor

Download or read book Business, Economic and Financial Issues in Emerging Markets and Advanced Economies after the COVID-19 Crisis written by Giray Gozgor and published by Frontiers Media SA. This book was released on 2023-11-22 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Research Topic is Volume 2 in the Research Topic series 'Economic and Financial Issues in the Post-COVID-19 World: Implications and Role of Public Health'. Both developed and developing economies have experienced significant risks and uncertainties due to the COVID-19 pandemic. There are still risks and uncertainty shocks of the COVID-19 in every aspect of the global economic and financial system, including investors' decisions and the financial sector's development. In this Research Topic, we aim to understand the dynamics of business, economic, and financial issues - including potential structural changes after the COVID-19 in emerging markets and advanced economies. This Research Topic’s main goal is to provide different aspects and consequences of economic and financial issues in emerging markets and advanced economies after the COVID-19 pandemic. In particular, we welcome interdisciplinary, empirical, and theoretical papers (panel data studies, survey studies, and time-series analyses) focusing on the business, economic, and financial issues after the COVID-19 crisis. We also welcome policy briefs of people working at central banks, governments, and other public institutions, focusing on these issues.

Agents and Multi-agent Systems: Technologies and Applications 2019

Author : Gordan Jezic
Publisher : Springer
ISBN 13 : 981138679X
Total Pages : 388 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Agents and Multi-agent Systems: Technologies and Applications 2019 by : Gordan Jezic

Download or read book Agents and Multi-agent Systems: Technologies and Applications 2019 written by Gordan Jezic and published by Springer. This book was released on 2019-06-19 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights new trends and challenges in research on agents and the new digital and knowledge economy. It includes papers on business- process management, agent-based modeling and simulation, and anthropic-oriented computing, which were originally presented at the 13th International KES Conference on Agents and Multi-Agent Systems – Technologies and Applications (KES-AMSTA 2019) held June 17–19, 2019 at St George’s Bay, St. Julians, Malta. Today’s economy is driven by technologies and knowledge. Digital technologies can free, shift and multiply choices, and often intrude on the territory of other industries by providing new ways of conducting business operations and creating value for customers and companies. As such, the book covers topics such as software agents, multi-agent systems, agent modeling, mobile and cloud computing, big data analysis, business intelligence, artificial intelligence, social systems, computer embedded systems and nature inspired manufacturing, all of which contribute to the modern digital economy. The research presented is of value to researchers and industrial practitioners working in the fields of artificial intelligence, collective computational intelligence, innovative business models, the new digital and knowledge economy and, in particular, agent and multi-agent systems, technologies, tools and applications.

Supply Chain Disruption Management

Author : Tadeusz Sawik
Publisher : Springer Nature
ISBN 13 : 3030448142
Total Pages : 487 pages
Book Rating : 4.0/5 (34 download)

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Book Synopsis Supply Chain Disruption Management by : Tadeusz Sawik

Download or read book Supply Chain Disruption Management written by Tadeusz Sawik and published by Springer Nature. This book was released on 2020-05-29 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with stochastic combinatorial optimization problems in supply chain disruption management, with a particular focus on management of disrupted flows in customer-driven supply chains. The problems are modeled using a scenario based stochastic mixed integer programming to address riskneutral, risk-averse and mean-risk decision-making in the presence of supply chain disruption risks. The book focuses on integrated disruption mitigation and recovery decision-making and innovative, computationally efficient multi-portfolio approach to supply chain disruption management, e.g., selection of primary and recovery supply portfolios, demand portfolios, capacity portfolios, etc. Numerous computational examples throughout the book, modeled in part on realworld supply chain disruption management problems, illustrate the material presented and provide managerial insights. Many propositions formulated in the book lead to a deep understanding of the properties of developed stochastic mixed integer programs and optimal solutions. In the computational examples, the proposed mathematical programming models are solved using an advanced algebraic modeling language such as AMPL and CPLEX, GUROBI and XPRESS solvers. The knowledge and tools provided in the book allow the reader to model and solve supply chain disruption management problems using commercially available software for mixed integer programming. Using the end-of chapter problems and exercises, the monograph can also be used as a textbook for an advanced course in supply chain risk management. After an introductory chapter, the book is then divided into six main parts. Part I addresses selection of a supply portfolio; Part II considers integrated selection of supply portfolio and scheduling; Part III looks at integrated, equitably efficient selection of supply portfolio and scheduling; Part IV examines integrated selection of primary and recovery supply and demand portfolios and production and inventory scheduling, Part V deals with selection of resilient supply portfolio in multitier supply chain networks; and Part VI addresses selection of cybersecurity safequards portfolio for disruption management of information flows in supply chains.

Regional Science Matters

Author : Peter Nijkamp
Publisher : Springer
ISBN 13 : 3319073052
Total Pages : 458 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Regional Science Matters by : Peter Nijkamp

Download or read book Regional Science Matters written by Peter Nijkamp and published by Springer. This book was released on 2014-11-20 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of fresh and novel contributions to regional science. They commemorate the scientific inheritance of the founding father of regional science, the late Walter Isard. All papers are written by well-known scholars in the field and serve to highlight the great importance of regional science theory and methodology for a better understanding of current spatial and environmental problems throughout our planet. The book showcases a multidisciplinary panorama of modern regional science research and presents new insights by applying regional science approaches.

Intelligent Systems and Applications

Author : Kohei Arai
Publisher : Springer Nature
ISBN 13 : 3030551903
Total Pages : 773 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Intelligent Systems and Applications by : Kohei Arai

Download or read book Intelligent Systems and Applications written by Kohei Arai and published by Springer Nature. This book was released on 2020-08-06 with total page 773 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book Intelligent Systems and Applications - Proceedings of the 2020 Intelligent Systems Conference is a remarkable collection of chapters covering a wider range of topics in areas of intelligent systems and artificial intelligence and their applications to the real world. The Conference attracted a total of 545 submissions from many academic pioneering researchers, scientists, industrial engineers, students from all around the world. These submissions underwent a double-blind peer review process. Of those 545 submissions, 177 submissions have been selected to be included in these proceedings. As intelligent systems continue to replace and sometimes outperform human intelligence in decision-making processes, they have enabled a larger number of problems to be tackled more effectively.This branching out of computational intelligence in several directions and use of intelligent systems in everyday applications have created the need for such an international conference which serves as a venue to report on up-to-the-minute innovations and developments. This book collects both theory and application based chapters on all aspects of artificial intelligence, from classical to intelligent scope. We hope that readers find the volume interesting and valuable; it provides the state of the art intelligent methods and techniques for solving real world problems along with a vision of the future research.

Optimization and Decision Support Systems for Supply Chains

Author : Ana Paula Barbosa Póvoa
Publisher : Springer
ISBN 13 : 3319424211
Total Pages : 190 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Optimization and Decision Support Systems for Supply Chains by : Ana Paula Barbosa Póvoa

Download or read book Optimization and Decision Support Systems for Supply Chains written by Ana Paula Barbosa Póvoa and published by Springer. This book was released on 2016-09-13 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Recent Advances in Intelligent Information Systems and Applied Mathematics

Author : Oscar Castillo
Publisher : Springer Nature
ISBN 13 : 3030341526
Total Pages : 903 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Recent Advances in Intelligent Information Systems and Applied Mathematics by : Oscar Castillo

Download or read book Recent Advances in Intelligent Information Systems and Applied Mathematics written by Oscar Castillo and published by Springer Nature. This book was released on 2020-01-31 with total page 903 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the latest advances in intelligent techniques such as fuzzy logic, neural networks, and optimization algorithms, and their relevance in building intelligent information systems in combination with applied mathematics. The authors also outline the applications of these systems in areas like intelligent control and robotics, pattern recognition, medical diagnosis, time series prediction, and optimization of complex problems. By sharing fresh ideas and identifying new targets/problems it offers young researchers and students new directions for their future research. The book is intended for readers from mathematics and computer science, in particular professors and students working on theory and applications of intelligent systems for real-world applications.

Optimization of Industrial Systems

Author : Dilbagh Panchal
Publisher : John Wiley & Sons
ISBN 13 : 1119755050
Total Pages : 628 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Optimization of Industrial Systems by : Dilbagh Panchal

Download or read book Optimization of Industrial Systems written by Dilbagh Panchal and published by John Wiley & Sons. This book was released on 2022-07-19 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: OPTIMIZATION of INDUSTRIAL SYSTEMS Including the latest industrial solution-based practical applications, this is the most comprehensive and up-to-date study of the optimization of industrial systems for engineers, scientists, students, and other professionals. In order to deal with societal challenges, novel technologies play an important role. For the advancement of technology, it is essential to share innovative ideas and thoughts on a common platform where researchers across the globe meet together and revitalize their knowledge and skills to tackle the challenges that the world faces. The high complexity of the issues related to societal interdisciplinary research is the key to future revolutions. From research funders to journal editors, policymakers to think tanks, all seem to agree that the future of research lies outside disciplinary boundaries. In such prevailing conditions, various working scenarios, conditions, and strategies need to be optimized. Optimization is a multidisciplinary term, and its essence can be inculcated in any domain of business, research, and other associated working dynamics. Globalization provides all-around development, and this development is impossible without technological contributions. This volume’s mission is at the core of industrial engineering. All the manuscripts appended in this volume were double-blind peer-reviewed by committee members and the review team, promising high-quality research. This book provides deep insights to its readers about the current scenarios and future advancements of industrial engineering.

Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains

Author : J. George Shanthikumar
Publisher :
ISBN 13 : 9781461503743
Total Pages : 424 pages
Book Rating : 4.5/5 (37 download)

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Book Synopsis Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains by : J. George Shanthikumar

Download or read book Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains written by J. George Shanthikumar and published by . This book was released on 2003-07-01 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Influencing Customer Demand

Author : Mahya Hemmati
Publisher : CRC Press
ISBN 13 : 1000406970
Total Pages : 248 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Influencing Customer Demand by : Mahya Hemmati

Download or read book Influencing Customer Demand written by Mahya Hemmati and published by CRC Press. This book was released on 2021-07-16 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s competitive markets, considering the demand and the supply chain sides is crucial to keeping revenue and customer satisfaction maximized. Managing and planning demand play a vital role in the sustainability of a company. This is the first book to the discuss managerial, mathematical, and conceptual framework of influencing factors on demand along with accurate mathematical analyses to evaluate and raise revenue. The book provides an understanding of the key elements that impact buyer demand. It presents the mathematical relationship between the influencing factors and the demand functions. It discusses the methods used for inspiring demand, how to measure demand dependency on components such as price, quality, and inventory, and it helps management improve alignment between supply and demand by affecting the level and understanding of the role within supply chain management (SCM). This book is applicable for the professional as well as for academia. It can help those working in SCM, project management, production, inventory control, scheduling, engineering management, retail management, and operations management.