Incorporating Price-Dependent Demands into a Multi-Echelon Closed-Loop Network Considering the Lost Sales and Backorders: a Case Study of Wireless Network
Networks and Spatial Economics, ISSN: 1572-9427, Vol: 21, Issue: 3, Page: 639-680
2021
- 4Citations
- 19Captures
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Article Description
This study renders a location-inventory problem for a closed-loop supply chain network under the circumstance of price-dependent demands, in which there are suppliers/recovering centers, stores and consumer areas. In this respect, the demand is supposed to be correlated, and the inventory of new and returned products are controlled via a continuous review system (Q, r) in the stores. What is more, the shortage is allowed and could be emerged as back-ordered and lost sales. A nonlinear programming model is offered to formulate the problem, which maximizes the total profit of the supply chain. In this regard, miscellaneous decisions are determined, such as location-allocation facilities, inventory levels and prices of products. So as to solve the proposed model, two well-known meta-heuristic algorithms with particular encoding and decoding procedures, including a genetic algorithm (GA) and an imperialist competitive algorithm (ICA), are employed due to the Np-hard nature of the model. Finally, with the intention of illustrating the validation and applicability of the model, a real case study of a wireless network is investigated.
Bibliographic Details
http://www.scopus.com/inward/record.url?partnerID=HzOxMe3b&scp=85110741442&origin=inward; http://dx.doi.org/10.1007/s11067-021-09549-2; https://link.springer.com/10.1007/s11067-021-09549-2; https://link.springer.com/content/pdf/10.1007/s11067-021-09549-2.pdf; https://link.springer.com/article/10.1007/s11067-021-09549-2/fulltext.html; https://dx.doi.org/10.1007/s11067-021-09549-2; https://link.springer.com/article/10.1007/s11067-021-09549-2
Springer Science and Business Media LLC
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