Abstract:Goal: This study aims to minimize the total cost of a supply chain network and determine the optimal product flow under demand uncertainty.
Design / Methodology / Approach: A mathematical model is presented to minimize the total supply chain cost by identifying the optimal facility locations and product flows. The applicability of the proposed model is evaluated through a real-life case study of a multinational sporting goods retailer with sensitivity analysis. Moreover, Monte Carlo simulation is used to captu… Show more
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