Sequential and global optimization for a closed-loop deteriorating inventory supply chain.
P. C. YangHui-Ming WeeS. L. ChungP. C. HoPublished in: Math. Comput. Model. (2010)
Keyphrases
- global optimization
- supply chain
- closed loop
- open loop
- lead time
- control system
- inventory management
- supply chain management
- control law
- inventory control
- particle swarm optimization
- service level
- optimal production
- supplier selection
- distribution centers
- asymptotic stability
- planning horizon
- operating costs
- bullwhip effect
- safety stock
- decision making
- pso algorithm
- ant colony algorithm
- pid controller
- joint replenishment
- uncertain demand
- production capacity
- real time
- economic order quantity
- customer demand
- lot sizing
- single item
- inventory level
- convergence rate