Title :
Stochastic Dynamic Location-Routing-Inventory Problem in Closed-Loop Logistics System for Reusing End-of-Use Products
Author :
Wang Chanchan ; Ma Zujun ; Li Huajun
Author_Institution :
Coll. of Logistics, Southwest Jiaotong Univ., Chengdu
Abstract :
The reuse of end-of-use products is always an important issue. To optimize the closed-loop logistics system for reusing end-of-use products, an integrated optimization model for stochastic dynamic location-routing-inventory problem is presented in this paper. A two-phase heuristic algorithm is also proposed to solve the model. And the validity of the model and algorithm is demonstrated by an example.
Keywords :
closed loop systems; inventory management; logistics; recycling; stochastic processes; closed-loop logistics system; end-of-use product reuse; integrated optimization model; stochastic dynamic location-routing-inventory problem; two-phase heuristic algorithm; Automation; Costs; Heuristic algorithms; Inventory control; Logistics; Production facilities; Routing; Stochastic systems; Transportation; Vehicle dynamics; closed-loop logistics system; location-routing-inventory problem; reusing end-of-use products; stochastic dynamic model; two-phase heuristic algorithm;
Conference_Titel :
Intelligent Computation Technology and Automation (ICICTA), 2008 International Conference on
Conference_Location :
Hunan
Print_ISBN :
978-0-7695-3357-5
DOI :
10.1109/ICICTA.2008.181
