A multiobjective optimization model in automotive supply chain networks (Q474170)

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A multiobjective optimization model in automotive supply chain networks
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    A multiobjective optimization model in automotive supply chain networks (English)
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    24 November 2014
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    Summary: In the new decade, green investment decisions are attracting more interest in design supply chains due to the hidden economic benefits and environmental legislative barriers. In this paper, a supply chain network design problem with both economic and environmental concerns is presented. Therefore, a multiobjective optimization model that captures the trade-off between the total logistics cost and \(CO_{2}\) emissions is proposed. With regard to the complexity of logistic networks, a new multiobjective swarm intelligence algorithm known as a multiobjective Gravitational search algorithm (MOGSA) has been implemented for solving the proposed mathematical model. To evaluate the effectiveness of the model, a comprehensive set of numerical experiments is explained. The results obtained show that the proposed model can be applied as an effective tool in strategic planning for optimizing cost and \(CO_{2}\) emissions in an environmentally friendly automotive supply chain.
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