A Capacitated Inventory-Location Model: Formulation, Solution Approach and Preliminary Computational Results

Authors:
Shu-Hsien Liao;Chia-Lin Hsieh
Affiliations:
Department of Management Sciences and Decision Making, Tamkang University, Taipei, Taiwan, ROC 251;Department of Management Sciences and Decision Making, Tamkang University, Taipei, Taiwan, ROC 251 and Department of Industrial Management and Enterprise Information, Aletheia University, Taipei, ...
Venue:
IEA/AIE '09 Proceedings of the 22nd International Conference on Industrial, Engineering and Other Applications of Applied Intelligent Systems: Next-Generation Applied Intelligence
Year:
2009

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Abstract

Supply chain distribution network system provides an optimal platform for efficient and effective supply chain management. There are trade-offs betweenefficiency and responsiveness . In this research, a multi-objective capacitated location-inventory distribution network system is formulated which integrates the effects of facility location, transportation, and inventory issues and includes conflicting objectives. This model allows determining the optimal locations of distribution centers (DCs) and the assignment of buyers to DCs to find the set of Pareto optimal solutions. The possibility of a hybrid GA approach and its scenario analysis is investigated to understand the model performance and to illustrate how parameter changes influence its output.