Optimization Modeling For Supply Chain Applications

Optimization Modeling For Supply Chain Applications
Author: Haitao Li
Publisher: World Scientific
Total Pages: 469
Release: 2023-03-07
Genre: Business & Economics
ISBN: 9811260532

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How to design an efficient and cost-effective logistics network? How to plan procurement, production, and transportation to meet customer demand with minimum operating costs? How to sequence jobs through machines for on-time order completion? And how to dispatch vehicles and schedule their routes to serve customers efficiently?Answers to these questions are key to effective and efficient supply chain operations. This book provides a systematic and comprehensive coverage of data-driven optimization modeling techniques and their applications in supply chain management. From the methodological perspective, it introduces various model building techniques including mathematical programming (linear and integer programming), network optimization, and constraint programming. From the application perspective, it covers the topics of supply chain network design, production planning, supply chain configuration, machine scheduling, and vehicle routing, among others. It also introduces the state-of-the-art optimization modeling software, the CPLEX OPL Studio, as a powerful and accessible tool for implementing the modeling techniques and solution methods in this book. Sample codes will be available upon purchase of the book.This book is essential reading material for researchers and students in business, data analytics, industrial engineering, computer science and applied math who would like to learn optimization modeling in the context of supply chains. It is also suitable for practitioners and consultants in industry who would like to understand the behind-the-scene techniques in off-the-shelf commercial optimization software. As a textbook, it can be used for an advanced undergraduate or graduate course in supply chain management, operations management, data analytics, economics, and industrial engineering.

Modeling, Simulation, and Optimization of Supply Chains

Modeling, Simulation, and Optimization of Supply Chains
Author: Ciro D'Apice
Publisher: SIAM
Total Pages: 209
Release: 2010-07-01
Genre: Mathematics
ISBN: 0898717000

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This book offers a state-of-the-art introduction to the mathematical theory of supply chain networks, focusing on those described by partial differential equations. The authors discuss modeling of complex supply networks as well as their mathematical theory, explore modeling, simulation, and optimization of some of the discussed models, and present analytical and numerical results on optimization problems. Real-world examples are given to demonstrate the applicability of the presented approaches. Graduate students and researchers who are interested in the theory of supply chain networks described by partial differential equations will find this book useful. It can also be used in advanced graduate-level courses on modeling of physical phenomena as well as introductory courses on supply chain theory.

Supply Chain Optimization, Management and Integration: Emerging Applications

Supply Chain Optimization, Management and Integration: Emerging Applications
Author: Wang, John
Publisher: IGI Global
Total Pages: 418
Release: 2010-11-30
Genre: Business & Economics
ISBN: 1609601378

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Our rapidly changing world has forced business practitioners, in corporation with academic researchers, to respond quickly and develop effective solution methodologies and techniques to handle new challenges in supply chain systems. Supply Chain Optimization, Management and Integration: Emerging Applications presents readers with a rich collection of ideas from researchers who are bridging the gap between the latest in information technology and supply chain management. This book includes theoretical, analytical, and empirical research, comprehensive reviews of relevant research, and case studies of effective applications in the field of SCM. The use of new technologies, methods, and techniques are emphasized by those who have worked with supply chain management across the world for those in the field of information systems.

Modeling the Supply Chain

Modeling the Supply Chain
Author: Jeremy F. Shapiro
Publisher: South Western Educational Publishing
Total Pages: 616
Release: 2001
Genre: Business & Economics
ISBN:

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"With an emphasis on data, models, and modeling systems, Jeremy Shapiro teaches you how to analyze supply chain planning problems. Modeling the Supply Chain is ideal for supply chain management courses and supply chain professionals seeking state-of-the-art yet practical advice about models and modeling systems for a wide range of planning problems." "Throughout the book, Shapiro balances practical coverage of supply chain management with the roles of modeling systems in helping companies improve supply chain performance."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Supply Chain Management: Models, Applications, and Research Directions

Supply Chain Management: Models, Applications, and Research Directions
Author: Joseph Geunes
Publisher: Springer Science & Business Media
Total Pages: 384
Release: 2006-02-28
Genre: Business & Economics
ISBN: 0306481723

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This work brings together some of the most up to date research in the application of operations research and mathematical modeling te- niques to problems arising in supply chain management and e-Commerce. While research in the broad area of supply chain management enc- passes a wide range of topics and methodologies, we believe this book provides a good snapshot of current quantitative modeling approaches, issues, and trends within the field. Each chapter is a self-contained study of a timely and relevant research problem in supply chain mana- ment. The individual works place a heavy emphasis on the application of modeling techniques to real world management problems. In many instances, the actual results from applying these techniques in practice are highlighted. In addition, each chapter provides important mana- rial insights that apply to general supply chain management practice. The book is divided into three parts. The first part contains ch- ters that address the new and rapidly growing role of the internet and e-Commerce in supply chain management. Topics include e-Business applications and potentials; customer service issues in the presence of multiple sales channels, varying from purely Internet-based to traditional physical outlets; and risk management issues in e-Business in B2B m- kets.

Application of Optimization in Production, Logistics, Inventory, Supply Chain Management and Block Chain

Application of Optimization in Production, Logistics, Inventory, Supply Chain Management and Block Chain
Author: Biswajit Sarkar
Publisher: MDPI
Total Pages: 618
Release: 2020-04-23
Genre: Technology & Engineering
ISBN: 303928522X

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The evolution of industrial development since the 18th century is now experiencing the fourth industrial revolution. The effect of the development has propagated into almost every sector of the industry. From inventory to the circular economy, the effectiveness of technology has been fruitful for industry. The recent trends in research, with new ideas and methodologies, are included in this book. Several new ideas and business strategies are developed in the area of the supply chain management, logistics, optimization, and forecasting for the improvement of the economy of the society and the environment. The proposed technologies and ideas are either novel or help modify several other new ideas. Different real life problems with different dimensions are discussed in the book so that readers may connect with the recent issues in society and industry. The collection of the articles provides a glimpse into the new research trends in technology, business, and the environment.

Stochastic Modeling and Optimization

Stochastic Modeling and Optimization
Author: David D. Yao
Publisher: Springer Science & Business Media
Total Pages: 472
Release: 2012-12-06
Genre: Business & Economics
ISBN: 0387217576

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This books covers the broad range of research in stochastic models and optimization. Applications presented include networks, financial engineering, production planning, and supply chain management. Each contribution is aimed at graduate students working in operations research, probability, and statistics.

Optimization and Inventory Management

Optimization and Inventory Management
Author: Nita H. Shah
Publisher: Springer Nature
Total Pages: 470
Release: 2019-08-31
Genre: Business & Economics
ISBN: 9811396981

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This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.

The Supply Chain in Manufacturing, Distribution, and Transportation

The Supply Chain in Manufacturing, Distribution, and Transportation
Author: Kenneth D. Lawrence
Publisher: CRC Press
Total Pages: 332
Release: 2010-09-28
Genre: Business & Economics
ISBN: 1420079522

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Reporting on cutting-edge research in production, distribution, and transportation, The Supply Chain in Manufacturing, Distribution, and Transportation: Modeling, Optimization, and Applications provides the understanding needed to tackle key problems within the supply chain. Viewing the supply chain as an integrated process with regard to tactical

Introduction to Computational Optimization Models for Production Planning in a Supply Chain

Introduction to Computational Optimization Models for Production Planning in a Supply Chain
Author: Stefan Voß
Publisher: Springer Science & Business Media
Total Pages: 239
Release: 2013-06-05
Genre: Business & Economics
ISBN: 3540247645

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An easy-to-read introduction to the concepts associated with the creation of optimization models for production planning starts off this book. These concepts are then applied to well-known planning models, namely mrp and MRP II. From this foundation, fairly sophisticated models for supply chain management are developed. Another unique feature is that models are developed with an eye toward implementation. In fact, there is a chapter that provides explicit examples of implementation of the basic models using a variety of popular, commercially available modeling languages.