Managing inventories is crucial to the objective of minimizing supply chain costs. This paper presents an approach for setting inventory norms in context of a real-life case of an industry which practices Vendor Managed Inventory (VMI). The role of warehouses and the inventories held by them becomes significant in such an environment. This paper presents a two-phase approach to determine variou...

in this article, multiple-product pvrp with pickup and delivery that is used widely in goods distribution or other service companies, especially by railways, was introduced. a mathematical formulation was provided for this problem. each product had a set of vehicles which could carry the product and pickup and delivery could simultaneously occur. to solve the problem, two meta-heuristic methods...

Modeling and optimal solving of supply chain management problems lead to efficient decision making in strategic planning and supply chain operations, resulting in a competitive advantage. Today, with the planning of a sustainable supply chain, in addition to achieving economic goals, it is possible to meet social and environmental objectives and considerations. This research deal with sustainab...

vendor managed inventory is a continuous replenishment program that is designed to provide major cost saving benefits for both vendors and retailers. previous research on this area mainly included single objective optimization models where the objective is to minimize the total supply chain costs or to maximize the total supply chain benefits. this paper presents a bi-objective mathematical mod...

  This article investigates integrated production-inventory models with backorder. A single supplier and a single buyer are considered and shortage as backorder is allowed for the buyer. The proposed models determine optimal order quantity, optimal backorder quantity and optimal number of deliveries on the joint total cost for both buyer and supplier. Two cases are discussed: single-setup-singl...

In this paper we introduce a robust optimization approach to solve the milk run system with time window with inventory uncertainty. This approach yields routes that minimize transportation costs while satisfying all inventory in a given bounded uncertainty set. The idea of Milk Run problem has been used in the context of logistic and supply chain problems in order to manage the transportation o...

dynamic economic load dispatch is one of the most important roles of power generation’s operation and control. it determines the optimal controls of production of generator units with predicted load demand over a certain period of time. economic dispatch at minimum production cost is one of the most important subjects in the power network’s operation, which is a complicated nonlinear constraine...

The main purpose of this paper is to investigate the optimal retailer’s replenishment decisions under two levels of trade credit policy within the economic production quantity (EPQ) framework. We assume that the supplier would offer the retailer a delay period and the retailer also adopts the trade credit policy to stimulate his/her customer demand to develop the retailer’s replenishment model ...