Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain

It is very relevant in today’s competitive world for suppliers to ensure that customer demanded products are made available. Customers expect to obtain a product that has benefits and are available within an acceptable price and time. It is necessary for companies to optimally use their ability to s...

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Main Authors: Rajaram, R., Jawahar, N., Ponnambalam, S. G., Mukund Nilakantan, Janardhanan
Format: Book Section
Language:English
English
Published: IGI Global 2019
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/26289/
http://umpir.ump.edu.my/id/eprint/26289/
http://umpir.ump.edu.my/id/eprint/26289/
http://umpir.ump.edu.my/id/eprint/26289/1/73.%20Multi%20Objective%20Optimization%20of%20Economic%20and%20Environmental%20Aspects.pdf
http://umpir.ump.edu.my/id/eprint/26289/2/73.1%20Multi%20Objective%20Optimization%20of%20Economic%20and%20Environmental%20Aspects.pdf
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spelling ump-262892019-11-04T04:55:39Z http://umpir.ump.edu.my/id/eprint/26289/ Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain Rajaram, R. Jawahar, N. Ponnambalam, S. G. Mukund Nilakantan, Janardhanan QA76 Computer software TS Manufactures It is very relevant in today’s competitive world for suppliers to ensure that customer demanded products are made available. Customers expect to obtain a product that has benefits and are available within an acceptable price and time. It is necessary for companies to optimally use their ability to satisfy customers’ specified needs. Researchers and industries are working on developing green supply chain concept in the last few years due to environmental concerns. The objective of this chapter is to propose a three-echelon supply chain model that optimizes economic and environmental objectives simultaneously. The objectives considered are minimizing the total supply chain cost and minimizing CO2 emission of the supply chain network. The proposed model falls into NP-hard category. Multi-objective genetic algorithm is proposed to solve the proposed model and illustration is provided to explain the use of the proposed model. A procedure that could be followed to find the best possible solution based on user’s choice among the Pareto front solutions is also explained. IGI Global Ponnambalam, S. G. Subramanian, Nachiappan Tiwari, Manoj Kumar Wan Azhar, Wan Yusoff 2019 Book Section PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/26289/1/73.%20Multi%20Objective%20Optimization%20of%20Economic%20and%20Environmental%20Aspects.pdf pdf en http://umpir.ump.edu.my/id/eprint/26289/2/73.1%20Multi%20Objective%20Optimization%20of%20Economic%20and%20Environmental%20Aspects.pdf Rajaram, R. and Jawahar, N. and Ponnambalam, S. G. and Mukund Nilakantan, Janardhanan (2019) Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain. In: Industry 4.0 and Hyper-Customized Smart Manufacturing Supply Chains. IGI Global, Hershey, PA, pp. 127-128. ISBN 9781522590781 https://www.igi-global.com/gateway/chapter/230662 https://doi.org/10.4018/978-1-5225-9078-1
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
English
topic QA76 Computer software
TS Manufactures
spellingShingle QA76 Computer software
TS Manufactures
Rajaram, R.
Jawahar, N.
Ponnambalam, S. G.
Mukund Nilakantan, Janardhanan
Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain
description It is very relevant in today’s competitive world for suppliers to ensure that customer demanded products are made available. Customers expect to obtain a product that has benefits and are available within an acceptable price and time. It is necessary for companies to optimally use their ability to satisfy customers’ specified needs. Researchers and industries are working on developing green supply chain concept in the last few years due to environmental concerns. The objective of this chapter is to propose a three-echelon supply chain model that optimizes economic and environmental objectives simultaneously. The objectives considered are minimizing the total supply chain cost and minimizing CO2 emission of the supply chain network. The proposed model falls into NP-hard category. Multi-objective genetic algorithm is proposed to solve the proposed model and illustration is provided to explain the use of the proposed model. A procedure that could be followed to find the best possible solution based on user’s choice among the Pareto front solutions is also explained.
author2 Ponnambalam, S. G.
author_facet Ponnambalam, S. G.
Rajaram, R.
Jawahar, N.
Ponnambalam, S. G.
Mukund Nilakantan, Janardhanan
format Book Section
author Rajaram, R.
Jawahar, N.
Ponnambalam, S. G.
Mukund Nilakantan, Janardhanan
author_sort Rajaram, R.
title Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain
title_short Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain
title_full Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain
title_fullStr Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain
title_full_unstemmed Multi objective optimization of economic and environmental aspects of a three-Echelon Supply Chain
title_sort multi objective optimization of economic and environmental aspects of a three-echelon supply chain
publisher IGI Global
publishDate 2019
url http://umpir.ump.edu.my/id/eprint/26289/
http://umpir.ump.edu.my/id/eprint/26289/
http://umpir.ump.edu.my/id/eprint/26289/
http://umpir.ump.edu.my/id/eprint/26289/1/73.%20Multi%20Objective%20Optimization%20of%20Economic%20and%20Environmental%20Aspects.pdf
http://umpir.ump.edu.my/id/eprint/26289/2/73.1%20Multi%20Objective%20Optimization%20of%20Economic%20and%20Environmental%20Aspects.pdf
first_indexed 2023-09-18T22:40:50Z
last_indexed 2023-09-18T22:40:50Z
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