Accelerating Benders stochastic decomposition for the optimization under uncertainty of the petroleum product supply chain.
Fabricio OliveiraIgnacio E. GrossmannSilvio HamacherPublished in: Comput. Oper. Res. (2014)
Keyphrases
- supply chain
- decomposition method
- decomposition algorithm
- customer demand
- product life cycle
- market demand
- supply chain management
- inventory management
- distribution network
- robust optimization
- life cycle
- operating costs
- stochastic programming
- quantity discount
- stochastic model
- inventory control
- lead time
- bullwhip effect
- reverse logistics
- optimization problems
- decision making
- production planning
- cost savings
- supplier selection
- customer orders
- dynamic programming
- service level
- single product
- planning horizon
- combinatorial optimization
- revenue sharing