Related papers: Green Inventory Management: Leveraging Multiobject…
Uncertainties in core quality condition, return quantity and timing can propagate and accumulate in process cost and complicate cost assessments. However, regardless of cost assessment complexities, accurate cost models are required for…
This work considers a multiobjective version of the unit commitment problem that deals with finding the optimal generation schedule of a firm, over a period of time and a given electrical network. With growing importance of environmental…
While consolidation strategies form the backbone of many supply chain optimisation problems, exploitation of multi-tier material relationships through consolidation remains an understudied area, despite being a prominent feature of…
The focus of present article is to investigate a supply chain inventory model of deteriorated items along with inspection and stock dependent demand using green technology to reduce carbon emissions. Products that are decaying have a high…
Today's global supply chains face growing challenges due to rapidly changing market conditions, increased network complexity and inter-dependency, and dynamic uncertainties in supply, demand, and other factors. To combat these challenges,…
With the continuous growth of the number of end-of-life vehicles and the rapid increase in the ownership of pure electric vehicles, the automobile disassembly industry is facing the challenge of transitioning from the traditional fuel…
Inventory Routing Problem (IRP) is a crucial challenge in supply chain management as it involves optimizing efficient route selection while considering the uncertainty of inventory demand planning. To solve IRPs, usually a two-stage…
Inventory models with imperfect quality items are studied by researchers in past two decades. Till now none of them have considered the effect of substitutions to cope up with shortage and avoid lost sales. This paper presents an EOQ…
The goal of multi-objective optimization is to understand optimal trade-offs between competing objective functions by finding the Pareto front, i.e., the set of all Pareto optimal solutions, where no objective can be improved without…
Optimization under uncertainty is important in many applications, particularly to inform policy and decision making in areas such as public health. A key source of uncertainty arises from the incorporation of environmental variables as…
Modeling and optimization of multi-echelon supply chain systems is challenging as it requires a holistic approach that exploits synergies and interactions between echelons while accurately accounting for variability observed by these…
This paper presents a solver-friendly logic-based mixed-integer nonlinear programming model (LB-MINLP) to solve economic dispatch (ED) problems considering disjoint operating zones and valve-point effects. A simultaneous consideration of…
Green manufacturing has become a strategic priority for many firms seeking to address sustainability and social responsibility, while improving production efficiency and profitability. However, integrating green technologies and renewable…
Inventory and queueing systems are often designed by controlling weighted combination of some time-averaged performance metrics (like cumulative holding, shortage, server-utilization or congestion costs); but real-world constraints, like…
In the context of energy transition, industrial plants that heavily rely on electricity face more and more price volatility. To continue operating in these conditions, the directors become continually more willing to increase their…
In this study, we analyze and compare the performance of state-of-the-art deep reinforcement learning algorithms for solving the supply chain inventory management problem. This complex sequential decision-making problem consists of…
Due to increasing air pollution, which is a consequence of the environmental effects of production in various industries, green supply chain management (GSCM) has attracted the attention of both scholars and practitioners. Green supplier…
We develop a Monte-Carlo based numerical method for solving discrete-time stochastic optimal control problems with inventory. These are optimal control problems in which the control affects only a deterministically evolving inventory…
We propose and show the efficacy of a new method to address generic inverse problems. Inverse modeling is the task whereby one seeks to determine the control parameters of a natural system that produce a given set of observed measurements.…
Remanufacturing is a significant factor in securing sustainability through a circular economy. Sorting plays a significant role in remanufacturing pre-processing inspections. Its significance can increase when remanufacturing facilities…