Sequential versus integrated optimization: Production, location, inventory control, and distribution

Sequential versus integrated optimization: Production, location, inventory control, and distribution •We study an integrated production, location, inventory, and distribution problem. •We introduce a formulation for this difficult and rich problem. •We propose several sequential procedures and a matheuristic. •We compare the results of all algorithms with those from the exact method. •We demonstrate the value of integrated decision making approach. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png European Journal of Operational Research Elsevier

Sequential versus integrated optimization: Production, location, inventory control, and distribution

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Publisher
Elsevier
Copyright
Copyright © 2018 Elsevier B.V.
ISSN
0377-2217
eISSN
1872-6860
D.O.I.
10.1016/j.ejor.2018.01.028
Publisher site
See Article on Publisher Site

Abstract

•We study an integrated production, location, inventory, and distribution problem. •We introduce a formulation for this difficult and rich problem. •We propose several sequential procedures and a matheuristic. •We compare the results of all algorithms with those from the exact method. •We demonstrate the value of integrated decision making approach.

Journal

European Journal of Operational ResearchElsevier

Published: Jul 1, 2018

References

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