P L A N N I N G C L O S E D L O O P S U P P L Y C H A I N W I T H D Y N A M I C D E T E R M I N I S T I C D E M A N D A N D C O N T I N U O U S P R I C E D E C R E A S E

Abstract:
In a global economy, providing products, at the right time in the right quantity and at a low cost, can be regarded as a key to success. Efficient supply chains have an important role in guaranteeing this success. The objective of this paper is to plan a single product, multi-echelon, multi-period closed loop supply chain (CLSC) for high-tech products, and, finally, the decisions made regarding component procurement, production, distribution, recycling and disposal. The considered planning problem is like a Knapsack problem. Therefore, it can be concluded that it is NP-hard. To plan the explored CLSC problem, the time horizon is divided into some equal periods, and planning is done for them. The more the number of divisions or periods and the closer the planning to reality, the more the dimensions of the problem and the more the amount of solving time needed. This is especially true in NP-hard problems. When analytic methods such as the branc and bound method (for solving MILP model) are used, an increase of the problem dimensions leads to a drastic increase in solving time. Thus, in the case of these problems, metaheuristic algorithms should be used to make a near optimal solution. So, four proposed heuristic-based variables, including the genetic algorithm (GA), particle swarm optimization (PSO), differential evolution (DE), and the artificial bee colony (ABC), were implemented in order to solve the mixed integer linear programming model (MILP). Finally, the computational results obtained through these four methods were compared with the solutions obtained by GAMS optimization software. The solution revealed that the DE methodology performs very well in terms of both quality of solution obtained and computational time. The results of this study indicated an approximate solution for selecting active markets among potential markets. Also, for determining the time and quantity of components and products to produce and ship in a CLSC, in general, and for high-tech products, in particular, by dividing the time horizon into many periods, which increases the accuracy of planning.
Language:
Persian
Published:
Industrial Engineering & Management Sharif, Volume:31 Issue: 2, 2016
Page:
51
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