2018
DOI: 10.3390/a11040054
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Dual Market Facility Network Design under Bounded Rationality

Abstract: A number of markets, geographically separated, with different demand characteristics for different products that share a common component, are analyzed. This common component can either be manufactured locally in each of the markets or transported between the markets to fulfill the demand. However, final assemblies are localized to the respective markets. The decision making challenge is whether to manufacture the common component centrally or locally. To formulate the underlying setting, a newsvendor modeling… Show more

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Cited by 13 publications
(8 citation statements)
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References 26 publications
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“…Mogale et al [21] presented a novel integrated multiobjective, multi-modal and multi-period mathematical model for grain silo location-allocation problem to reduce the total supply chain cost and the lead time. Mogale et al [22] addressed the issue when a number of markets are separated geographically each having a locally different demand pattern, but produce or transport between the different markets, the same common component, the objective solved for is the decision between the 2 options whether to manufacture locally or transport between markets, given, the final assemblies are localized. Costantini et al [23] Provided systematic quantitative evidence of eco-innovation on two channels (direct and indirect) through which the generation and diffusion of green technologies affect environmental performance.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Mogale et al [21] presented a novel integrated multiobjective, multi-modal and multi-period mathematical model for grain silo location-allocation problem to reduce the total supply chain cost and the lead time. Mogale et al [22] addressed the issue when a number of markets are separated geographically each having a locally different demand pattern, but produce or transport between the different markets, the same common component, the objective solved for is the decision between the 2 options whether to manufacture locally or transport between markets, given, the final assemblies are localized. Costantini et al [23] Provided systematic quantitative evidence of eco-innovation on two channels (direct and indirect) through which the generation and diffusion of green technologies affect environmental performance.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The paper [5] considers a number of markets, geographically separated, with different demand characteristics for different products that share a common component. This common component can either be manufactured locally in each of the markets or transported between the markets to fulfill the demand.…”
Section: Special Issuementioning
confidence: 99%
“…Moreover, Genetic Programming (GA) is an evolutionary algorithm used for the effort estimation, and the evolutionary computation is based on the fact that the solution is attained using the cycle of iterations [20,21]. Researchers contribute various models [22] for estimation, yet a new method is required to depict the best estimate for all the situations as each technique is suitable only for a special project [23]. No one can say whether a method is better or worse than another, but they are complementary to each other.…”
Section: Introductionmentioning
confidence: 99%