Template-Type: ReDIF-Paper 1.0
Author-Name: Listes, O.L.
Author-Name-Last: Listes
Author-Name-First: Ovidiu
Title: A decomposition approach to a stochastic model for supply-and-return network design
Abstract: This paper presents a generic stochastic model for the design of networks comprising  both supply and return channels, organized in a closed loop system. Such situations  are typical for manufacturing/re-manufacturing type of systems in reverse logistics.  The model accounts for a number of alternative scenarios, which may be constructed  based on critical levels of design parameters such as demand or returns. We propose  a decomposition approach for this model based on the branch and cut procedure known as  the integer L-shaped method. Computational results show a consistent performance  efficiency of the method for the addressed location problem. The stochastic solutions  obtained in a numerical setting generate a significant improvement in terms of average  performance over the individual scenario solutions. A solution methodology as presented  here can contribute to overcoming notorious challenges of stochastic network design models,  such as increased problem sizes and computational difficulty.
Creation-Date: 2002-12-04
File-URL: https://repub.eur.nl/pub/539/feweco20021204140931.pdf
File-Format: application/pdf
Series: RePEc:ems:eureir
Number: EI 2002-43
Keywords: Decomposition, Integer L-shaped, Location, Remanufacturing, Uncertainty
Handle: RePEc:ems:eureir:539