International Journal of Production Research volume 56, issue 17, P5836-5853 2018 DOI: 10.1080/00207543.2018.1478149 View full text
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Kalpit Patne, Nagesh Shukla, Senevi Kiridena, Manoj Kumar Tiwari

Abstract: In this paper, we propose a closed-loop supply chain network configuration model and a solution methodology that aims to address several research gaps in the literature. The proposed solution methodology employs a novel metaheuristic algorithm, along with the popular gradient descent search method, to aid location-allocation and pricing-inventory decisions in a two-stage process. In the first stage, we use an improved version of the particle swarm optimisation (PSO) algorithm, which we call improved PSO (IPSO)…

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