A Bi-objective Optimization for Vendor Managed Inventory Model

Vendor managed inventory is a continuous replenishment program that is designed to provide major cost saving benefits for both vendors and retailers. Previous research on this area mainly included single objective optimization models where the objective is to minimize the total supply chain costs or to maximize the total supply chain benefits. This paper presents a bi-objective mathematical model for single-manufacture multi-retailer with multi-product in order to maximize their benefits. It is assumed that demand is a decreasing and convex function of the retail price. In this paper, common replenishment cycle is considered for the manufacturer and its retailers. Then, the proposed model converts to the single-objective optimization problem using a weighted sum method. A genetic algorithm (GA) is applied to solve it and response surface methodology is employed to tune the GA parameters. Finally, several numerical examples are investigated to demonstrate the applicability of the proposed model and solution approach

Routing- Location for Hazardous Materials with Considering Risk Criterion in Hub Framework Network by Meta-heuristic Algorithms

Hazardous materials which are materials due to their chemical and physical properties impose significant risk to the safety of people and the environment. It's more complex routing transport of such material than normal materials. The Combination of the two subjects as the problem of locating and routing, it has created unified system to locating- routing problems. These problems determined optimal number and location of facilities at the same time and also set the optimal number of vehicles and their routes. The purpose of this study was design a network for the transportation of hazardous materials and includes supply levels, distribution (hub) and customers. Hence, it presented a mathematical model in order to minimizing costs and risk simultaneously. Hazardous materials sent from supplier to the hubs and deliveries to customers from there via routing by road transportation. It should be mentioned that in proposal model the hubs been locating In order to validate the model, prepared code GAMS In software and for the exact solution, sample problems with various dimensions were produced in the form of smart and random. For this purpose, was written an algorithm design in Matlab software. According to the problem was NP-Hard, presented a hybrid algorithm based on simulated annealing and genetic algorithms to solve large-scale. At the end of research the proposed algorithm were compared with the results of exact solution