Heuristic for a single period single product closed loop supply chain
Neelesh Rangwani,
P. Subramanian,
N. Ramkumar and
T.T. Narendran
International Journal of Enterprise Network Management, 2011, vol. 4, issue 3, 311-324
Abstract:
This paper addresses a single period, single product closed loop supply chain (CLSC) allocation problem. We propose an integer linear programming (ILP) model and a progressive constructive heuristics based on Vogel's approximation method-total opportunity cost (VAM-TOC) method. Trials on a number of datasets have yielded encouraging results.
Keywords: closed loop supply chains; SCM; supply chain management; integer linear programmes; VAM-TOC; Vogel; approximation methods; total opportunity costs; single period; single product; progressive heuristics; constructive heuristics; enterprise network management. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijenma:v:4:y:2011:i:3:p:311-324
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