O'Reilly logo

The Best Thinking in Business Analytics from the Decision Sciences Institute by Merrill Warkentin, Decision Sciences Institute

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

13. Supplier Selection and Order Allocation in Closed-Loop Supply Chain Systems

—Kamran S. Moghaddam, California State University, Fresno

Abstract

Supplier selection is an important strategic design decision in closed-loop supply chain systems. After identifying the candidate suppliers, optimal order allocations are also considered as crucial tactical decisions. This research formulates a multi-objective optimization model to select the best suppliers and configure manufacturing and refurbishing facilities with the optimal number of parts and products in a closed-loop supply chain system. The objective functions are defined as total profit, total defective parts, total late delivered parts, and economic risk factors of the candidate suppliers. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required