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A new model to mitigating random disruption risks of facility and transportation in supply chain network design
dc.creator | Azad, N. | en |
dc.creator | Davoudpour, H. | en |
dc.creator | Saharidis, G. K. D. | en |
dc.creator | Shiripour, M. | en |
dc.date.accessioned | 2015-11-23T10:23:23Z | |
dc.date.available | 2015-11-23T10:23:23Z | |
dc.date.issued | 2014 | |
dc.identifier | 10.1007/s00170-013-5404-0 | |
dc.identifier.issn | 0268-3768 | |
dc.identifier.uri | http://hdl.handle.net/11615/26069 | |
dc.description.abstract | In this article, we study the design problem of a reliable stochastic supply chain network in the presence of random disruptions in the location of distribution centers (DCs) and the transportation modes. It is assumed that a disrupted DC does not necessarily fail the whole of its capacity, and may lose a fraction of that, and rest of demand can be served by other DCs. We introduce a new strategy called soft-hardening strategy where the fraction of the lost capacity depends on the amount of investment for opening and operating. Additionally, the conditional value-at-risk (CVaR) approach is applied to control the risk of model. Finally, to solve the model, first we present an exact solution method by reformulating the problem as a second-order cone programming model, and second a hybrid algorithm combining tabu search and simulated annealing algorithms is developed. | en |
dc.source | International Journal of Advanced Manufacturing Technology | en |
dc.source.uri | <Go to ISI>://WOS:000331565600020 | |
dc.subject | Supply chain network design | en |
dc.subject | Facility location | en |
dc.subject | Risk management | en |
dc.subject | Random | en |
dc.subject | disruption risks | en |
dc.subject | Conditional value-at-risk | en |
dc.subject | LOCATION-PROBLEMS | en |
dc.subject | UNRELIABLE FACILITIES | en |
dc.subject | UNCERTAINTY | en |
dc.subject | Automation & Control Systems | en |
dc.subject | Engineering, Manufacturing | en |
dc.title | A new model to mitigating random disruption risks of facility and transportation in supply chain network design | en |
dc.type | journalArticle | en |
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