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Decentralized Coordination Mechanism for Integrated Production Transportation Inventory Problem in the Supply Chain using Lagragian Relaxation
DSS Laboratory Department of Production and Industrial Engineering, Technical University of Crete.
DSS Laboratory Department of Production and Industrial Engineering, Technical University of Crete.ORCID iD: 0000-0001-8473-3663
2008 (English)In: Operational Research, ISSN 1109-2858, E-ISSN 1866-1505, Vol. 8, no 3, p. 257-278Article in journal (Refereed) Published
Abstract [en]

This paper is concerned with integrated production, inventory and transportation planning problems directly related to the supply chain management. We establish a Lagrangian based coordination mechanism within the context of the decentralized planning approach. In addition, we demonstrate that dual prices obtained by the described approach might provide enough accuracy in case of sudden changes, such as in a customer’s demand, and thus they could assist agents to find new solutions. Computational results show that the proposed mechanism is able to help organizations to facilitate collaboration, improve business agility and meet business goals

Place, publisher, year, edition, pages
2008. Vol. 8, no 3, p. 257-278
National Category
Production Engineering, Human Work Science and Ergonomics
Research subject
Industrial Logistics
Identifiers
URN: urn:nbn:se:ltu:diva-13263DOI: 10.1007/s12351-008-0016-4Local ID: c75d9fb1-9454-4f7d-8139-ab72fb4b3418OAI: oai:DiVA.org:ltu-13263DiVA, id: diva2:986215
Note
Upprättat; 2008; 20141124 (athkar)Available from: 2016-09-29 Created: 2016-09-29 Last updated: 2018-04-11Bibliographically approved

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Karakitsiou, AthanasiaMigdalas, Athanasios

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