Abstract
This study investigates a multi-project, multi-period, multi-factory and multi-objective supplier selection problem with project life cycles and demand uncertainty. For this problem, we establish a multi-stage mixed integer stochastic programming model with three objectives (i.e., the procurement cost, number of quality defects and delayed delivery quantity). An adapted chaos optimization algorithm based on a maximum similarity method is developed to solve the model. The effectiveness of our solutions is validated by the real data from the auto industry.
| Original language | English |
|---|---|
| Article number | 105312 |
| Journal | Computers and Operations Research |
| Volume | 132 |
| DOIs | |
| State | Published - 08 2021 |
Bibliographical note
Publisher Copyright:© 2021 Elsevier Ltd
Keywords
- Chaos optimization algorithm
- Multi-objective optimization
- Project life cycles
- Stochastic demand
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