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Optimizing Bi-objective, Multi-echelon Supply Chain Model Using Particle Swarm Intelligence Algorithm

Publication Type : Conference Proceedings

Publisher : IConAmma 2017

Source : IConAmma 2017 (2017)

Url : https://iopscience.iop.org/article/10.1088/1757-899X/310/1/012025/meta

Campus : Coimbatore

School : School of Engineering

Department : Mechanical Engineering

Year : 2017

Abstract : In the current globalized scenario, business organizations are more dependent on cost effective supply chain to enhance profitability and better handle competition. Demand uncertainty is an important factor in success or failure of a supply chain. An efficient supply chain limits the stock held at all echelons to the extent of avoiding a stock-out situation. In this paper, a three echelon supply chain model consisting of supplier, manufacturing plant and market is developed and the same is optimized using particle swarm intelligence algorithm.

Cite this Research Publication : V. R. Sathish Kumar, Dr. Anbuudayasankar S. P., and K. Ramesh Kumar, “Optimizing Bi-objective, Multi-echelon Supply Chain Model Using Particle Swarm Intelligence Algorithm”, IConAmma 2017. 2017.

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