TY - JOUR
ID - 11726
TI - Modeling and solving a three-stage fixed charge transportation problem considering stochastic demand and price
JO - Journal of Industrial Engineering and Management Studies
JA - JIEMS
LA - en
SN - 2476-308X
AU - Shirazi, N.
AU - Seyyed Esfahani, M.
AU - Soleimani, H.
AD - Caspian University, Qazvin, Iran.
AD - Amirkabir University, Tehran, Iran.
AD - Faculty of Industrial and Mechanical Engineering, Qazvin Branch, Islamic Azad University (IAU), Qazvin, Iran.
Y1 - 2015
PY - 2015
VL - 2
IS - 1
SP - 27
EP - 40
KW - Fixed Charge Transportation Problem
KW - stochastic optimization
KW - multi-criteria scenario-based solution
KW - mean
KW - Standard Deviation
KW - Coefficient of variation
DO -
N2 - This paper considers a three-stage fixed charge transportation problem regarding stochastic demand and price. The objective of the problem is to maximize the profit for supplying demands. Three kinds of costs are presented here: variable costs that are related to amount of transportation cost between a source and a destination. Fixed charge exists whenever there is a transfer from a source to a destination, and finally, shortage cost that incurs when the manufacturer does not have enough products for supplying customer’s demand. The model is formulated as a mixed integer programming problem and is solved using a multicriteria scenario based solution approach to find the optimal solution. Mean, standard deviation, and coefficient of variation are compared as the acceptable criteria to decide about the best solution.
UR - http://jiems.icms.ac.ir/article_11726.html
L1 - http://jiems.icms.ac.ir/article_11726_77b5c328e4cb88ae185040b9251563d1.pdf
ER -