One of the main goals supply chain management is to ensure proper flows products and information through all nodes them in right place at time. To achieve this objective, it very important consider finances among nodes. Traditionally, operational financial processes have been optimized as separate problems. The developed model addresses problem designing a network tries integrate both areas ope...

Models that aim to optimize the design of supply chain networks have gained more interest in the supply chain literature. Mixed-integer linear programming and discrete-event simulation are widely used for such an optimization problem. We present a hybrid approach to support decisions for supply chain network design using a combination of analytical and discrete-event simulation models. The prop...

This paper aims to build integrated forward and reverse logistics model, and to optimize it with closed loop supply chain (CLSC). After that, we evaluate the effectiveness of the proposed model with the numerical examples, and simulate it with a bottles distilling/sale company in Korea. This paper designs the method of calculation for a solution using optimization algorithms with the priority-b...

In this paper, bi-level programming is proposed for designing a competitive supply chain network. A two-stage stochastic programming approach has been developed for a multi-product supply chain comprising a capacitated supplier, several distribution centers, retailers and some resellers in the market. The proposed model considers demand’s uncertainty and disruption in distribution centers and t...

In this work, we propose a hybrid simulation optimization approach that addresses the problem of supply chain management. We formulated the problem as a mathematical model which minimizes the summation of production cost, transportation cost, inventory holding and shortage costs, subject to capacity and inventory balance constraints and propose a hybrid approach combining mathematical programmi...

in today’s growing competitive environment, supply chain management has been widely focused by firms as a critical issue. consequently, the organization’s activities are influenced in order to achieving quality improvement, cost reduction and customer satisfaction in production process. recently, pollution and greenhouse effects have focused the researchers’ attention on planning and executing ...