Profit optimisation in three echelon supply chain revenue management through new heuristic optimiser

R.S. Kadadevaramath, P.S.S. Prasad, K.M. Mohanasundaram, E.A. Immanuel and K. Rameshkumar

International Journal of Revenue Management, 2009, vol. 3, issue 1, 79-101

Abstract: In recent years, many of the developments in supply chain revenue management are connected to the need of information of efficient supply chain flow; modelling and optimisation, are most important in order to maximise the profit of supply chain because the cost of material, manufacturing and distribution and inventory accounts for 70-80% value of the product. Hence, tactical supply chain design has become a major challenge for firms so as to improve the revenue of the organisation. Particle swarm optimisation is used to optimise the supply chain operations with the objective of maximising the profit of the supply chain revenue.

Keywords: PSO; particle swarm optimisation; penalty parameters; penalty terms; revenue management; SCM; supply chain management; supply chain design; supply chain revenue. (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=23139 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijrevm:v:3:y:2009:i:1:p:79-101

Access Statistics for this article

More articles in International Journal of Revenue Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().