A computationally efficient simulation-based optimization method with region-wise surrogate modeling for stochastic inventory management of supply chains with general network structures.
Wenhe YeFengqi YouPublished in: Comput. Chem. Eng. (2016)
Keyphrases
- inventory management
- optimization method
- supply chain
- economic order quantity
- supply chain management
- optimization algorithm
- customer demand
- decision making
- simulated annealing
- particle swarm
- vehicle routing
- evolutionary algorithm
- genetic algorithm
- metaheuristic
- differential evolution
- robust optimization
- lead time
- multi objective
- stochastic model
- optimal policy
- stochastic process
- state dependent
- safety stock