Advances in stochastic programming and robust optimization for supply chain planning. (December 2018)

• Record Type: Journal Article
• Authors: Govindan, Kannan; Cheng, T.C.E.
• Is Part Of: Computers & operations research. Volume 100(2018)
• Page Start: 262
• Page End: 269
• Publication Date: 2018-12
• Subjects: Supply chain planning -- Stochastic programming -- Robust optimization -- Uncertainties; Operations research -- Periodicals; Electronic digital computers -- Periodicals; 004.05
• DOI: 10.1016/j.cor.2018.07.027
• Languages: English
• ISSNs: 0305-0548

Abstract

Abstract: This special issue addresses the advances in stochastic programming and robust optimization for supply chain planning by examining novel methods, practices, and opportunities. The articles present and analyze opportunities to improve supply chain planning through exploring various uncertainty situations and problems, sustainability assessment, vendor selection, risk mitigation, retail supply chain planning, and supply chain coordination. This editorial note summarizes the discussions on the stochastic models, algorithms, and methodologies developed for the evaluation and effective implementation of supply chain planning under various concerns. A dominant finding is that supply chain planning through the advancement of stochastic programming and robust optimization should be explored in a variety of ways and within different fields of applications.