We consider a buyer’s decision problem of sustainable supplier selection and order allocation (SSS & OA) among multiple heterogeneous suppliers who sell multiple types of items. The buyer periodically orders items from chosen suppliers to refill inventory to preset levels. Each supplier is differentiated from others by the types of items supplied, selling price, and order-related costs, such as transportation cost. Each supplier also has a preset requirement for minimum order quantity or minimum purchase amount. In the beginning of each period, the buyer constructs an SSS & OA plan considering various information from both parties. The buyer’s planning problem is formulated as a mathematical model, and an efficient algorithm to solve larger instances of the problem is developed. The algorithm is designed to take advantage of the branch-and-bound method, and the special structure of the model. We perform computer experiments to test the accuracy of the proposed algorithm. The test result confirmed that the algorithm can find a near-optimal solution with only 0.82 percent deviation on average. We also observed that the use of the algorithm can increase solvable problem size by about 2.4 times.
Product demand forecasting plays a vital role in supply chain management since it is directly related to the profit of the company. According to companies’ concerns regarding product demand forecasting, many researchers have developed various forecasting models in order to improve accuracy. We propose a hybrid forecasting model called GA-GRU, which combines Genetic Algorithm (GA) with Gated Recurrent Unit (GRU). Because many hyperparameters of GRU affect its performance, we utilize GA that finds five kinds of hyperparameters of GRU including window size, number of neurons in the hidden state, batch size, epoch size, and initial learning rate. To validate the effectiveness of GA-GRU, this paper includes three experiments: comparing GA-GRU with other forecasting models, k-fold cross-validation, and sensitive analysis of the GA parameters. During each experiment, we use root mean square error and mean absolute error for calculating the accuracy of the forecasting models. The result shows that GA-GRU obtains better percent deviations than other forecasting models, suggesting setting the mutation factor of 0.015 and the crossover probability of 0.70. In short, we observe that GA-GRU can optimally set five types of hyperparameters and obtain the highest forecasting accuracy.
This paper considers a multi-period supplier selection and order allocation problem for a green supply chain system that consists of a single buyer and multiple heterogeneous suppliers. The buyer sells multiple products to end customers and periodically replenishes each item’s inventory using a periodic inventory control policy. The periodic inventory control policy used by the buyer starts every period with an order size determination of each item and the subsequent supplier selection to fulfill the orders. Because each supplier in the system is different from other suppliers in the types of carrying items, delivery distance, item price, and quantity discount schedule, the buyer’s problem becomes a complicated optimization problem. For the described order size and supplier selection problem of the buyer, we propose a nonlinear integer programming model and develop two different algorithms to enhance the usability of the model in a real business environment with a large amount of data. The algorithms are developed to considerably cut computational time and at the same time to generate a good feasible solution to a given supplier selection and order allocation problem. Computational experiments that were conducted to test the efficiency of the algorithms showed that they can cut as much as 99% of the computational time and successfully find feasible solutions, deviating not more than 3.4% from the optimal solutions.
Recently, as global warming has become a major issue, many companies have increased their efforts to control carbon emissions in green supply chain management (GSCM) activities. This paper deals with the multi-item replenishment problem in GSCM, from both economic and environmental perspectives. A single buyer orders multiple items from a single supplier, and simultaneously considers carbon cap-and-trade under limited storage capacity and limited budget. In this case we can apply a can-order policy, which is a well-known multi-item replenishment policy. Depending on the market characteristics, we develop two mixed-integer programming (MIP) models based on the can-order policy. The deterministic model considers a monopoly market in which a company fully knows the market information, such that both storage capacity and budget are already determined. In contrast, the fuzzy model considers a competitive or a new market, in which case both of those resources are considered as fuzzy numbers. We performed numerical experiments to validate and assess the efficiency of the developed models. The results of the experiments showed that the proposed can-order policy performed far better than the traditional can-order policy in GSCM. In addition, we verified that the fuzzy model can cope with uncertainties better than the deterministic model in terms of total expected costs.
With the ever-growing technology development, high-tech products such as mobile phones, computers, electromagnetic devices and smart devices are facing high design and production modification requirements with relatively shorter life cycles. For instance, every forthcoming smart phone goes out of production in a shorter period after its launch, followed by its next generation. The design of high-tech products requires high investments in smart and automated manufacturing technology to ensure higher production efficiency. For high-tech products with short life spans, the manufacturing performance-quality variable is an important design parameter that affects system reliability, production efficiency and manufacturing costs. Major performance-quality factors of a manufacturing system which affect productivity and reliability of the manufacturing process are discussed in this research. The study investigates an integrated smart production maintenance model under stochastic manufacturing reliability for technology dependent demand and variable production rate. The smart unit production cost is a function of manufacturing reliability and controllable production rate, as a manufacturing system can be operated at different production rates within designed limits μ ϵ [ μ m i n , μ m a x ] . Manufacturing reliability is increased through investment in smart manufacturing technology and resources. The integrated smart production maintenance model is formulated under general failure and repair time distributions and the optimal production maintenance policy is investigated under specific failure and repair time distributions. A mathematical model is developed to optimize the manufacturing quality-performance parameter, variable production rate, per unit technology investment and production lot size. The total cost function is optimized through the Khun–Tucker method. The mathematical model is also validated with numerical analysis, comparative study, and sensitivity analysis for model key parameters.
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