Integrated cost optimization in a two-stage, automotive supply chain
We study integrated supply chain functions of a Tier-1 automotive supplier. We interact with industry to formulate our model based on realistic assumptions. We develop a hybrid simulated annealing algorithm to solve the proposed problem. Our solution approach employs an effective encodingdecoding strategy. Our method solves the proposed problem in a timely manner for industry use.
optimization supply chain metaheuristic encoding decoding constructive heuristic