Robust optimization approaches for purchase planning with supplier selection under lead time uncertainty

A Nadir Compromise Programming for Supplier Selection Problem under Uncertainty

Supplier selection is one of the influential decisions for effectiveness of purchasing and manufacturing policies under competitive conditions of the market. Regarding the fact that decision makers (DMs) consider conflicting criteria for selecting suppliers, multiple-criteria programming is a promising approach to solve the problem. This paper develops a nadir compromise programming (NCP) model...

Advances in Robust Optimization Approaches for Scheduling under Uncertainty

The problem of scheduling under uncertainty is addressed. We propose a novel robust optimization methodology, which when applied to Mixed-Integer Linear Programming (MILP) problems produces “robust” solutions that are, in a sense, immune against uncertainty. The robust optimization approach is applied to the scheduling under uncertainty problem. Based on a novel and effective continuous-time sh...

Multi-period supplier selection under price uncertainty

We consider a problem faced by a procurement manager who needs to purchase a large volume of multiple items over multiple periods from multiple suppliers that provide base prices and discounts. Discounts are contingent on meeting various conditions on total volume or spend, and some are tied to future realizations of random events that can be mutually verified. We formulate a scenario-based mul...

Evacuation Transportation Planning Under Uncertainty: A Robust Optimization Approach

This paper considers evacuation via surface transportation networks in an uncertain environment. We focus on demand uncertainty which can lead to significant infeasibility cost during evacuation, where loss of life or property may appear. We develop a robust linear programming model based on a robust optimization approach where hard constraints are guaranteed within an appropriate uncertainty s...

Robust Optimization of Multi-Period Production Planning Under Demand Uncertainty