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Supply Chain Management and Logistics
book

Supply Chain Management and Logistics

by Zhe Liang, Wanpracha Art Chaovalitwongse, Leyuan Shi
October 2018
Intermediate to advanced content levelIntermediate to advanced
288 pages
9h 1m
English
CRC Press
Content preview from Supply Chain Management and Logistics
58 Supply Chain Management and Logistics
inventory holding cost. Replenishment of raw material may happen more
than once during each period. Transportation ow quantities and produc-
tion quantities on each machine at each facility are also decision variables.
Benders decomposition is used as the solution methodology. In the mixed
integer master problem, the status of the facilities, the production lines, and
the production and inventory quantities are determined. The reduced prob-
lem becomes a minimum-cost transportation ow problem, and its optimal
cost is added to the mixed integer master problem to nd a feasible schedule
satisfying the obtained ow cost. The search terminates when the master
problem can nd no lower cost solutions. Fo
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Publisher Resources

ISBN: 9781466577886