Design of close-loop supply chain network under uncertainty using hybrid genetic algorithm: A fuzzy and chance-constrained programming model. (October 2015)
- Record Type:
- Journal Article
- Title:
- Design of close-loop supply chain network under uncertainty using hybrid genetic algorithm: A fuzzy and chance-constrained programming model. (October 2015)
- Main Title:
- Design of close-loop supply chain network under uncertainty using hybrid genetic algorithm: A fuzzy and chance-constrained programming model
- Authors:
- Dai, Zhuo
Zheng, Xiaoting - Abstract:
- Highlights: Monte Carlo simulation embedded hybrid genetic algorithm is effective. The above mentioned algorithm can obtain exact solutions at any confidence level. Hybrid GA has higher accuracy and efficiency than hybrid PSO. The overall profits of CLSC network increase with the increasing of confidence level. Abstract: The design of closed-loop supply chain network is one of the important issues in supply chain management. This research proposes a multi-period, multi-product, multi-echelon closed-loop supply chain network design model under uncertainty. Because of its complexity, a solution framework which integrates Monte Carlo simulation embedded hybrid genetic algorithm, fuzzy programming and chance-constrained programming jointly deal with the issue. A fuzzy programming and chance-constrained programming approach take up the uncertainty issue. Monte Carlo simulation embedded hybrid genetic algorithm is employed to determine the configuration of CLSC network. Parameters of GA are chosen to balance two aims. One aim is that the best value is global optimum, that is, maximum profit. The other aim is that the computational time is as short as possible. Non-parametric test confirms the advantage of hybrid GA. Then, the validity of Monte Carlo simulation embedded hybrid genetic algorithm is verified. The impacts of uncertainty in disposed rates, demands, and capacities on the overall profit of CLSC network are studied through sensitivity analysis. The proposed model isHighlights: Monte Carlo simulation embedded hybrid genetic algorithm is effective. The above mentioned algorithm can obtain exact solutions at any confidence level. Hybrid GA has higher accuracy and efficiency than hybrid PSO. The overall profits of CLSC network increase with the increasing of confidence level. Abstract: The design of closed-loop supply chain network is one of the important issues in supply chain management. This research proposes a multi-period, multi-product, multi-echelon closed-loop supply chain network design model under uncertainty. Because of its complexity, a solution framework which integrates Monte Carlo simulation embedded hybrid genetic algorithm, fuzzy programming and chance-constrained programming jointly deal with the issue. A fuzzy programming and chance-constrained programming approach take up the uncertainty issue. Monte Carlo simulation embedded hybrid genetic algorithm is employed to determine the configuration of CLSC network. Parameters of GA are chosen to balance two aims. One aim is that the best value is global optimum, that is, maximum profit. The other aim is that the computational time is as short as possible. Non-parametric test confirms the advantage of hybrid GA. Then, the validity of Monte Carlo simulation embedded hybrid genetic algorithm is verified. The impacts of uncertainty in disposed rates, demands, and capacities on the overall profit of CLSC network are studied through sensitivity analysis. The proposed model is effective in designing CLSC network under uncertain environment. … (more)
- Is Part Of:
- Computers & industrial engineering. Volume 88(2015)
- Journal:
- Computers & industrial engineering
- Issue:
- Volume 88(2015)
- Issue Display:
- Volume 88, Issue 2015 (2015)
- Year:
- 2015
- Volume:
- 88
- Issue:
- 2015
- Issue Sort Value:
- 2015-0088-2015-0000
- Page Start:
- 444
- Page End:
- 457
- Publication Date:
- 2015-10
- Subjects:
- Close-loop supply chain -- Network design -- Uncertainty -- Monte Carlo simulation embedded hybrid genetic algorithm -- Fuzzy programming -- Chance-constrained programming
Engineering -- Data processing -- Periodicals
Industrial engineering -- Periodicals
620.00285 - Journal URLs:
- http://www.sciencedirect.com/science/journal/03608352 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.cie.2015.08.004 ↗
- Languages:
- English
- ISSNs:
- 0360-8352
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3394.713000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 7568.xml