Optimization of order policies in supply networks

S. Göttlich, M. Herty and C. Ringhofer

European Journal of Operational Research, 2010, vol. 202, issue 2, 456-465

Abstract: The purpose of this paper is to develop a model which allows for the study and optimization of arbitrarily complex supply networks, including order policies and money flows. We propose a mathematical description that captures the dynamic behavior of the system by a coupled system of ordinary differential delay equations. The underlying optimization problem is solved using discretization techniques yielding a mixed-integer programming problem.

Keywords: Policy; models; Production; lines; Combinatorial; optimization; Network; flows (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:202:y:2010:i:2:p:456-465

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