By José Miguel Laínez-Aguirre, Luis Puigjaner
Decision making on the company point frequently surround not just construction operations and product R&D, yet different strategic capabilities equivalent to monetary making plans and advertising. With the purpose of maximizing development and a firm’s worth, businesses usually specialize in co-ordinating those useful parts in addition to conventional hierarchical determination degrees. realizing this interaction can increase firm services of edition and reaction to uncertainties bobbing up from inner strategies in addition to the exterior environment.
This ebook provides strategies, equipment, instruments and options in keeping with mathematical programming, which gives the quantitative aid wanted for built-in decision-making and eventually for making improvements to the allocation of total company assets (e.g., fabrics, funds and personnel).
Through a platforms viewpoint, the built-in making plans of the availability chain additionally promotes actions of reuse, relief and recycling for attaining extra sustainable environmental affects of production/distribution networks. hence, this publication provides, for the 1st time, a different built-in imaginative and prescient of the company offer Chain making plans and offers a entire account of the state-of-the-art types, equipment and instruments on hand to handle the above pointed out beneficial properties of the fashionable provide chain.
It bargains a finished evaluate of the linked literature of provide chain administration after which systematically builds in this wisdom base to advance the mathematical versions representing all the middle sensible devices and choice degrees of the company and indicates how they are often built-in right into a holistic determination challenge formulation.
Abundant illustrations and tables support maximize reader insights into the issues mentioned with numerous case stories and program additionally examined.
This publication is meant as a textbook for lecturers (PhD, MSc), researchers and decision-makers, who're thinking about the layout, retrofit and overview of other eventualities for the development of the availability chain.
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Additional resources for Advances in Integrated and Sustainable Supply Chain Planning: Concepts, Methods, Tools and Solution Approaches toward a Platform for Industrial Practice
2 Problem Statement The intent of the supply chain network design problem is typically to determine the optimal manufacturing and distribution network for the entire product line of a company. The most common approach is to formulate a large-scale mixed-integer linear program that captures the relevant fixed and variable operating costs for each facility and each major product family. The fixed costs are usually associated with the investment and/or overhead costs for opening and operating a facility, or with allocating a product family in a facility.
As a result, strategies that timely generate new feasible plans are required, that is why (i) heuristics are preferred over optimization strategies and (ii) multi-parametric programming is a promising tool in this area. However, the use of heuristics has the disadvantage that they cannot usually guarantee convergence and good quality solutions. Preventive approaches explicitly take into account uncertainties into the problem formulation. , probability, bounded, fuzzy description). Some methods to approach such a description are: Bounded form In many cases, there is not enough information to develop an accurate description of the probability distribution that characterizes the uncertain parameters, but only error bounds can be obtained.
The long and short term debt acquired and repaid at each time period. such that the corporate value evaluated at the end of the planning horizon is maximized. 3 Mathematical Formulation: A Holistic Model The mathematical formulation derived to address the problem described earlier is presented later. The model variables and constraints can be classified into four groups. The first includes the process operations constraints given by the supply chain topology. The equations that allow integrating the operations and financial models are included in the second group.
Advances in Integrated and Sustainable Supply Chain Planning: Concepts, Methods, Tools and Solution Approaches toward a Platform for Industrial Practice by José Miguel Laínez-Aguirre, Luis Puigjaner