Abstract
Supply chain network design is one of the most important strategic issues in operations management. The main objective in designing a supply chain is to keep the cost as low as possible. However, the modelling of a supply chain requires more than single-objective such as lead-time minimization, service level maximization, and environmental impact maximization among others. Usually these objectives may cause conflicts such as increasing the service level usually causes a growth in costs. Therefore, the aim should be to find trade-off solutions to satisfy the conflicting objectives. The aim of this chapter is to propose a new method based on a hybrid version of the Bees Algorithm with Slope Angle Computation and Hill Climbing Algorithm to solve a multi-objective supply chain network design problem. A real case from the literature has been selected and solved in order to show the potentiality of the proposed method in solving a large scale combinatorial problem
Original language | English |
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Title of host publication | Handbook of Research on Modern Optimization Algorithms and Applications in Engineering and Economics |
Publisher | IGI Global |
Pages | 95-112 |
Number of pages | 18 |
ISBN (Electronic) | 9781466696457 |
ISBN (Print) | 9781466696440 , 1466696443 |
DOIs | |
Publication status | Published - 1 Mar 2016 |