A simulation-optimization approach for integrated sourcing and inventory decisions

DOI10.1016/J.COR.2009.12.012MaRDI QIDQ2270451zbMATH OpenOpenAlexFDO

Authors Burcu B. Keskin, Sharif H. Melouk, Ivan L. Meyer

Publication date 18 March 2010

Published in Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.cor.2009.12.012

zbMATH Keywords

lot-sizingscatter searchsimulation-optimizationvendor selection

Mathematics Subject Classification ID

Approximation methods and heuristics in mathematical programming (90C59) Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 439951 (Why is no real title available?)
• scientific article; zbMATH DE number 3216838 (Why is no real title available?)
• A multiobjective approach to vendor selection
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• An Efficient Algorithm for Computing an Optimal (r, Q) Policy in Continuous Review Stochastic Inventory Systems
• An acquisition policy for a single item multi-supplier system
• An inventory-location model: Formulation, solution algorithm and computational results
• Designing two-echelon supply networks
• Introduction to Stochastic Search and Optimization
• Inventory lot-sizing with supplier selection
• Meta-heuristic approaches with memory and evolution for a multi-product production/distribution system design problem
• Optimization for simulation: theory vs. practice
• Scatter search. Methodology and implementation in C. With CD-ROM.
• Single versus multiple supplier sourcing strategies
• Supplier selection and order lot sizing modeling: a review
• Using the Deterministic EOQ Formula in Stochastic Inventory Control
• Vendor selection with price breaks
• Warehouse-Retailer Network Design Problem

Cited in

(11)

• Inventory Control: A Simulation and Decision Support System
• Soft time-windows for a bi-objective vendor selection problem under a multi-sourcing strategy: binary-continuous differential evolution
• Simulation-based optimization of process control policies for inventory management in supply chains
• Integrated location and two-echelon inventory network design under uncertainty
• Typology and literature review on multiple supplier inventory control models
• Stochastic vendor selection problem: Chance-constrained model and genetic algorithms
• Managing risk and disruption in production-inventory and supply chain systems: a review
• Scheduling jobs with normally distributed processing times on parallel machines
• Integration of strategic and tactical decisions for vendor selection under capacity constraints
• A simulation-based decision support system for a multi-echelon inventory problem with service level constraints
• A supplier selection and order allocation problem with stochastic demands

Describes a project that uses

Uses Software

• Scatter Search

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