The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Ant Colony Algorithm for Two Stage Supply Chain
|
Author(s): R. Sridharan (National Institute of Technology Calicut, India)and Vinay V. Panicker (National Institute of Technology Calicut, India)
Copyright: 2014
Pages: 13
Source title:
Encyclopedia of Business Analytics and Optimization
Source Author(s)/Editor(s): John Wang (Montclair State University, USA)
DOI: 10.4018/978-1-4666-5202-6.ch015
Purchase
|
Abstract
This chapter focuses on the distribution-allocation problem with fixed cost for transportation routes in a two-stage supply chain. The supply chain considered in this research consists of suppliers, distributors and customers. Each transportation route is associated with a fixed charge (or a fixed cost) and a transportation cost per unit transported. The presence of this fixed cost makes the problem difficult to solve. This motivates the researchers to develop heuristics based on non-traditional optimization techniques that can provide near-optimal solutions in reasonable time. In this research, an ant colony optimization based heuristic is proposed to solve a distribution-allocation problem with fixed cost for transportation routes in a two-stage supply chain. The comparative analysis carried out in this study reveals that the solutions obtained using proposed heuristic are better than those obtained using an existing heuristic in terms of total cost and computational time. In addition, special emphasis is placed in developing heuristics based on ant colony optimization for solving supply chain related problems and identifying opportunities for further research in this area.
Related Content
Dina Darwish.
© 2024.
48 pages.
|
Dina Darwish.
© 2024.
51 pages.
|
Smrity Prasad, Kashvi Prawal.
© 2024.
19 pages.
|
Jignesh Patil, Sharmila Rathod.
© 2024.
17 pages.
|
Ganesh B. Regulwar, Ashish Mahalle, Raju Pawar, Swati K. Shamkuwar, Priti Roshan Kakde, Swati Tiwari.
© 2024.
23 pages.
|
Pranali Dhawas, Abhishek Dhore, Dhananjay Bhagat, Ritu Dorlikar Pawar, Ashwini Kukade, Kamlesh Kalbande.
© 2024.
24 pages.
|
Pranali Dhawas, Minakshi Ashok Ramteke, Aarti Thakur, Poonam Vijay Polshetwar, Ramadevi Vitthal Salunkhe, Dhananjay Bhagat.
© 2024.
26 pages.
|
|
|