An Optimal Method for Developing Global Supply Chain Management System. (20th October 2013)

• Record Type: Journal Article
• Authors: Lu, Hao-Chun; Huang, Yao-Huei
• Other Names: Ozkarahan Irem Academic Editor.
• Is Part Of: Journal of optimization. Volume 2013(2013)
• Publication Date: 2013-10-20
• Subjects: Mathematical optimization -- Periodicals; Structural optimization -- Periodicals; Mathematical optimization; Structural optimization; Periodicals; Electronic journals; 519.6
• DOI: 10.1155/2013/197370
• Languages: English
• ISSNs: 2356-752X

Abstract

Abstract : Owing to the transparency in supply chains, enhancing competitiveness of industries becomes a vital factor. Therefore, many developing countries look for a possible method to save costs. In this point of view, this study deals with the complicated liberalization policies in the global supply chain management system and proposes a mathematical model via the flow-control constraints, which are utilized to cope with the bonded warehouses for obtaining maximal profits. Numerical experiments illustrate that the proposed model can be effectively solved to obtain the optimal profits in the global supply chain environment.