Supply chain management can be greatly improved using autonomous agents. The Trading Agent Competition Supply Chain Management (TAC SCM) competition is a forum for developing such agents. This paper introduces StormFront, a moderately successful agent that attempts to produce a high volume of products at a low profit margin, capturing the majority of customer demand. The underlying components a...

this paper presents a new formulation for warehouse inventory management in a stochastic situation. the primary source of this formulation is derived from fp model, which has been proposed by fletcher and ponnambalam for reservoir management. the new proposed mathematical model is based on the first and the second moments of storage as a stochastic variable. using this model, the expected value...

Sustainability in the supply chain means pushing the supply chain to focus on social, economic and environmental aspects, and addressing the existing problems in the traditional supply chain. Considering the importance of evaluating supply chain networks, especially in the field of perishable commodities, this paper aimed to design a mathematical model for the reverse supply chain of perishable...

Demand and inventory management for spare parts are different than for components used in assembly of finished products, in reason of lumpy demand, larger variety and risk of stock obsolescence. The paper deals with three aspects: 1) a description of the elements of complexity peculiar to the spare parts supply chain; 2) a framework and a literature review about spare parts demand and inventory...

Most current supply chain models were developed during a period of relative stability. Today, the environment is discontinuous, volatile and unpredictable. This requires a major rethinking and revitalisation of existing supply chain models. Supply chains are much more than warehouses, transportation and technology, they are people powered and have to be treated as social and political as well a...

Nowadays, utilization of renewable energies for satisfying electricity demand has received more interest, and renewable electricity generation has been growing in the world. This study addresses the operational planning of a renewable electricity supply chain over a multi-period planning horizon. The purpose of this study is to maximize total profit and to optimize the operational decisions rel...