A simulated annealing methodology to multiproduct capacitated facility location with stochastic demand.

A stochastic multiproduct capacitated facility location problem involving a single supplier and multiple customers is investigated. Due to the stochastic demands, a reasonable amount of safety stock must be kept in the facilities to achieve suitable service levels, which results in increased invento...

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Publicado en:Scientific World Journal Vol. 2015; pp. 826363 - 826364
Autores principales: Qin, Jin, Xiang, Hui, Ye, Yong, Ni, Linglin
Formato: Journal Article
Publicado: Wiley-Blackwell 1/1/2015
Acceso en línea:Ver este registro en EBSCOhost
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        atl: A simulated annealing methodology to multiproduct capacitated facility location with stochastic demand.
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        au:
          Qin, Jin
          Xiang, Hui
          Ye, Yong
          Ni, Linglin
      sug:
      ab: A stochastic multiproduct capacitated facility location problem involving a single supplier and multiple customers is investigated. Due to the stochastic demands, a reasonable amount of safety stock must be kept in the facilities to achieve suitable service levels, which results in increased inventory cost. Based on the assumption of normal distributed for all the stochastic demands, a nonlinear mixed-integer programming model is proposed, whose objective is to minimize the total cost, including transportation cost, inventory cost, operation cost, and setup cost. A combined simulated annealing (CSA) algorithm is presented to solve the model, in which the outer layer subalgorithm optimizes the facility location decision and the inner layer subalgorithm optimizes the demand allocation based on the determined facility location decision. The results obtained with this approach shown that the CSA is a robust and practical approach for solving a multiple product problem, which generates the suboptimal facility location decision and inventory policies. Meanwhile, we also found that the transportation cost and the demand deviation have the strongest influence on the optimal decision compared to the others.
      pubtype: Academic Journal
      doctype: Journal Article
      ougenre: Article
    language: English
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