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Article
Publication date: 1 February 1993

Charles A. Weber and Lisa M. Ellram

Explores the use of a multi‐objective programming approach as amethod for supplier selection in a just‐in‐time (JIT) setting. Based ona case study, develops a model of JIT…

1530

Abstract

Explores the use of a multi‐objective programming approach as a method for supplier selection in a just‐in‐time (JIT) setting. Based on a case study, develops a model of JIT supplier selection which allows for simultaneous trade‐offs of price, delivery and quality criteria. The analysis occurs in a decision support system environment. A multi‐objective programming decision support system is seen as advantageous because such an environment allows for judgement in decision making while simultaneously trading off key supplier selection criteria. An additional flexibility of this model is that it allows a varying number of suppliers into the solution, and provides suggested volume allocation by supplier.

Details

International Journal of Physical Distribution & Logistics Management, vol. 23 no. 2
Type: Research Article
ISSN: 0960-0035

Keywords

Article
Publication date: 17 August 2012

Hong Liu, Wenping Wang and Qishan Zhang

The purpose of this paper is to realize a multi‐objective location‐routing network optimization in reverse logistics using particle swarm optimization based on grey relational…

530

Abstract

Purpose

The purpose of this paper is to realize a multi‐objective location‐routing network optimization in reverse logistics using particle swarm optimization based on grey relational analysis with entropy weight.

Design/methodology/approach

Real world network design problems are often characterized by multi‐objective in reverse logistics. This has recently been considered as an additional objective for facility location problem or vehicle routing problem in reverse logistics network design. Both of them are shown to be NP‐hard. Hence, location‐routing problem (LRP) with multi‐objective is more complicated integrated problem, and it is NP‐hard too. Due to the fact that NP‐hard model cannot be solved directly, grey relational analysis and entropy weight were added to particle swarm optimization to decision among the objectives. Then, a mathematics model about multi‐objective LRP of reverse logistics has been constructed, and a proposed hybrid particle swarm optimization with grey relational analysis and entropy weight has been developed to resolve it. An example is also computed in the last part of the paper.

Findings

The results are convincing: not only that particle swarm optimization and grey relational analysis can be used to resolve multi‐objective location‐routing model, but also that entropy and grey relational analysis can be combined to decide weights of objectives.

Practical implications

The method exposed in the paper can be used to deal with multi‐objective LRP in reverse logistics, and multi‐objective network optimization result could be helpful for logistics efficiency and practicability.

Originality/value

The paper succeeds in realising both a constructed multi‐objective model about location‐routing of reverse logistics and a multi‐objective solution algorithm about particle swarm optimization and future stage by using one of the newest developed theories: grey relational analysis.

Article
Publication date: 4 December 2017

Wu Deng, Meng Sun, Huimin Zhao, Bo Li and Chunxiao Wang

This study aims to propose a new airport gate assignment method to effectively improve the comprehensive operation capacity and efficiency of hub airport. Gate assignment is one…

Abstract

Purpose

This study aims to propose a new airport gate assignment method to effectively improve the comprehensive operation capacity and efficiency of hub airport. Gate assignment is one of the most important tasks for airport ground operations, which assigns appropriate airport gates with high efficiency reasonable arrangement.

Design/methodology/approach

In this paper, on the basis of analyzing the characteristics of airport gates and flights, an efficient multi-objective optimization model of airport gate assignment based on the objectives of the most balanced idle time, the shortest walking distances of passengers and the least number of flights at apron is constructed. Then an improved ant colony optimization (ICQACO) algorithm based on the ant colony collaborative strategy and pheromone update strategy is designed to solve the constructed model to fast realize the gate assignment and obtain a rational and effective gate assignment result for all flights in the different period.

Findings

In the designed ICQACO algorithm, the ant colony collaborative strategy is used to avoid the rapid convergence to the local optimal solution, and the pheromone update strategy is used to quickly increase the pheromone amount, eliminate the interference of the poor path and greatly accelerate the convergence speed.

Practical implications

The actual flight data from Guangzhou Baiyun airport of China is selected to verify the feasibility and effectiveness of the constructed multi-objective optimization model and the designed ICQACO algorithm. The experimental results show that the designed ICQACO algorithm can increase the pheromone amount, accelerate the convergence speed and avoid to fall into the local optimal solution. The constructed multi-objective optimization model can effectively improve the comprehensive operation capacity and efficiency. This study is a very meaningful work for airport gate assignment.

Originality/value

An efficient multi-objective optimization model for hub airport gate assignment problem is proposed in this paper. An improved ant colony optimization algorithm based on ant colony collaborative strategy and the pheromone update strategy is deeply studied to speed up the convergence and avoid to fall into the local optimal solution.

Article
Publication date: 31 May 2019

Phuoc Luong Le, Thien-My Dao and Amin Chaabane

This paper aims to propose an innovative building information modelling (BIM)-based framework for multi-objective and dynamic temporary construction site layout design (SLD)…

1380

Abstract

Purpose

This paper aims to propose an innovative building information modelling (BIM)-based framework for multi-objective and dynamic temporary construction site layout design (SLD), which uses a hybrid approach of systematic layout planning (SLP) and mathematical modelling.

Design/methodology/approach

The hybrid approach, which follows a step-by-step process for site layout planning, is designed to facilitate both qualitative and quantitative data collection and processing. BIM platform is usedto facilitate the determination of the required quantitative data, while the qualitative data are generated through knowledge-based rules.

Findings

The multi-objective layout model represents two important aspects: layout cost and adjacency score. The result shows that the model meets construction managers’ requirements in not only saving cost but also assuring the preferences of temporary facility relationships. This implies that the integration of SLP and mathematical layout modelling is an appropriate approach to deliver practical multi-objective SLD solutions.

Research limitations/implications

The proposed framework is expected to serve as a solution, for practical application, which takes the advantage of technologies in data collection and processing. Besides, this paper demonstrates, by using numerical experimentation and applying Microsoft Excel Solver for site layout optimisation, how to reduce the complexity in mathematical programming for construction managers.

Originality/value

The original contribution of this paper is the attempt of developing a framework in which all data used for the site layout modelling are collected and processed using a systematic approach, instead of being predetermined, as in many previous studies.

Details

Construction Innovation, vol. 19 no. 3
Type: Research Article
ISSN: 1471-4175

Keywords

Article
Publication date: 11 June 2018

Antonis Pavlou, Michalis Doumpos and Constantin Zopounidis

The optimization of investment portfolios is a topic of major importance in financial decision making, with many relevant models available in the relevant literature. The purpose…

Abstract

Purpose

The optimization of investment portfolios is a topic of major importance in financial decision making, with many relevant models available in the relevant literature. The purpose of this paper is to perform a thorough comparative assessment of different bi-objective models as well as multi-objective one, in terms of the performance and robustness of the whole set of Pareto optimal portfolios.

Design/methodology/approach

In this study, three bi-objective models are considered (mean-variance (MV), mean absolute deviation, conditional value-at-risk (CVaR)), as well as a multi-objective model. An extensive comparison is performed using data from the Standard and Poor’s 500 index, over the period 2005–2016, through a rolling-window testing scheme. The results are analyzed using novel performance indicators representing the deviations between historical (estimated) efficient frontiers, actual out-of-sample efficient frontiers and realized out-of-sample portfolio results.

Findings

The obtained results indicate that the well-known MV model provides quite robust results compared to other bi-objective optimization models. On the other hand, the CVaR model appears to be the least robust model. The multi-objective approach offers results which are well balanced and quite competitive against simpler bi-objective models, in terms of out-of-sample performance.

Originality/value

This is the first comparative study of portfolio optimization models that examines the performance of the whole set of efficient portfolios, proposing analytical ways to assess their stability and robustness over time. Moreover, an extensive out-of-sample testing of a multi-objective portfolio optimization model is performed, through a rolling-window scheme, in contrast static results in prior works. The insights derived from the obtained results could be used to design improved and more robust portfolio optimization models, focusing on a multi-objective setting.

Details

Management Decision, vol. 57 no. 2
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 17 September 2018

Mohammad Khalilzadeh and Hadis Derikvand

Globalization of markets and pace of technological change have caused the growing importance of paying attention to supplier selection problem. Therefore, this study aims to…

Abstract

Purpose

Globalization of markets and pace of technological change have caused the growing importance of paying attention to supplier selection problem. Therefore, this study aims to choose the best suppliers by providing a mathematical model for the supplier selection problem considering the green factors and stochastic parameters. This paper aims to propose a multi-objective model to identify optimal suppliers for a green supply chain network under uncertainty.

Design/methodology/approach

The objective of this model is to select suppliers considering total cost, total quality parts and total greenhouse gas emissions. Also, uncertainty is tackled by stochastic programming, and the multi-objective model is solved as a single-objective model by the LP-metric method.

Findings

Twelve numerical examples are provided, and a sensitivity analysis is conducted to demonstrate the effectiveness of the developed mathematical model. Results indicate that with increasing market numbers and final product numbers, the total objective function value and run time increase. In case that decision-makers are willing to deal with uncertainty with higher reliability, they should consider whole environmental conditions as input parameters. Therefore, when the number of scenarios increases, the total objective function value increases. Besides, the trade-off between cost function and other objective functions is studied. Also, the benefit of the stochastic programming approach is proved. To show the applicability of the proposed model, different modes are defined and compared with the proposed model, and the results demonstrate that the increasing use of recyclable parts and application of the recycling strategy yield more economic savings and less costs.

Originality/value

This paper aims to present a more comprehensive model based on real-world conditions for the supplier selection problem in green supply chain under uncertainty. In addition to economic issue, environmental issue is considered from different aspects such as selecting the environment-friendly suppliers, purchasing from them and taking the probability of defective finished products and goods from suppliers into account.

Details

Journal of Modelling in Management, vol. 13 no. 3
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 12 February 2018

Mahsa Pouraliakbarimamaghani, Mohammad Mohammadi and Abolfazl Mirzazadeh

When designing an optimization model for use in a mass casualty event response, it is common to encounter the heavy and considerable demand of injured patients and inadequate…

Abstract

Purpose

When designing an optimization model for use in a mass casualty event response, it is common to encounter the heavy and considerable demand of injured patients and inadequate resources and personnel to provide patients with care. The purpose of this study is to create a model that is more practical in the real world. So the concept of “predicting the resource and personnel shortages” has been used in this research. Their model helps to predict the resource and personnel shortages during a mass casualty event. In this paper, to deal with the shortages, some temporary emergency operation centers near the hospitals have been created, and extra patients have been allocated to the operation center nearest to the hospitals with the purpose of improving the performance of the hospitals, reducing congestion in the hospitals and considering the welfare of the applicants.

Design/methodology/approach

The authors research will focus on where to locate health-care facilities and how to allocate the patients to multiple hospitals to take into view that in some cases of emergency situations, the patients may exceed the resource and personnel capacity of hospitals to provide conventional standards of care.

Findings

In view of the fact that the problem is high degree of complexity, two multi-objective meta-heuristic algorithms, including non-dominated sorting genetic algorithm (NSGA-II) and non-dominated ranking genetic algorithm (NRGA), were proposed to solve the model where their performances were compared in terms of four multi-objective metrics including maximum spread index (MSI), spacing (S), number of Pareto solution (NPS) and CPU run-time values. For comparison purpose, paired t-test was used. The results of 15 numerical examples showed that there is no significant difference based on MSI, S and NPS metrics, and NRGA significantly works better than NSGA-II in terms of CPU time, and the technique for the order of preference by similarity to ideal solution results showed that NRGA is a better procedure than NSGA-II.

Research limitations/implications

The planning horizon and time variable have not been considered in the model, for example, the length of patients’ hospitalization at hospitals.

Practical implications

Presenting an effective strategy to respond to a mass casualty event (natural and man-made) is the main goal of the authors’ research.

Social implications

This paper strategy is used in all of the health-care centers, such as hospitals, clinics and emergency centers when dealing with disasters and encountering with the heavy and considerable demands of injured patients and inadequate resources and personnel to provide patients with care.

Originality/value

This paper attempts to shed light onto the formulation and the solution of a three-objective optimization model. The first part of the objective function attempts to maximize the covered population of injured patients, the second objective minimizes the distance between hospitals and temporary emergency operation centers and the third objective minimizes the distance between the warehouses and temporary centers.

Details

Journal of Modelling in Management, vol. 13 no. 1
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 28 May 2021

Zainab Asim, Syed Aqib Aqib Jalil, Shakeel Javaid and Syed Mohd Muneeb

This paper aims to develop a grey decentralized bi-level multi-objective programming (MOP) model. A solution approach is also proposed for the given model. A production and…

Abstract

Purpose

This paper aims to develop a grey decentralized bi-level multi-objective programming (MOP) model. A solution approach is also proposed for the given model. A production and transportation plan for a closed loop supply chain network under an uncertain environment and different scenarios is also developed.

Design/methodology/approach

In this paper, we combined grey linear programming (GLP) and fuzzy set theory to present a solution approach for the problem. The proposed model first solves the given problem using GLP. Membership functions for the decision variables under the control of the leader and for the goals are created. These membership functions are then used to generate the final solutions.

Findings

This paper provides insight for fomenting the decision-making process while providing a more flexible approach in uncertain logistics problems. The deviations of the final solution from the individual best solutions of the two levels are very little. These deviations can further be reduced by adjusting the tolerances associated with the decision variables under the control of the leader.

Practical implications

The proposed approach uses the concept of membership functions of linear form, and thus, requires less computational efforts while providing effective results. Most of the organizations exhibit decentralized decision-making under the presence of uncertainties. Therefore, the present study is helpful in dealing with such scenarios.

Originality/value

This is the first time, formulation of a decentralized bi-level multi-objective model under a grey environment is carried out as per the best knowledge of the authors. A solution approach is developed for bi-level MOP under grey uncertainty.

Details

Journal of Modelling in Management, vol. 16 no. 3
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 11 October 2019

Fahimeh Tanhaie, Masoud Rabbani and Neda Manavizadeh

In this study, a mixed-model assembly line (MMAL) balancing problem is applied in a make-to-order (MTO) environment. One of the important problems in MTO systems is identifying…

305

Abstract

Purpose

In this study, a mixed-model assembly line (MMAL) balancing problem is applied in a make-to-order (MTO) environment. One of the important problems in MTO systems is identifying the control points, which is considered by designing a control system. Furthermore, the worker assignment problem is defined by considering abilities and operating costs of workers. The proposed model is solved in two stages. First, a multi-objective model by simultaneously minimizing the number of stations and the total cost of the task duplication and workers assignment is considered. The second stage is designing a control system to minimize the work in process.

Design/methodology/approach

To solve this problem, a non-dominated sorting genetic algorithm (NSGA-II) is introduced and the proposed model is compared with four multi-objective algorithms (MOAs).

Findings

The proposed model is compared with four MOAs, i.e. multi-objective particle swarm optimization, multi-objective ant colony optimization, multi-objective firefly algorithm and multi-objective simulated annealing algorithm. The computational results of the NSGA-II algorithm are superior to the other algorithms, and multi-objective ant colony optimization has the best running time of the four MOA algorithms.

Practical implications

With attention to workers assignment in a MTO environment for the MMAL balancing problem, the present research has several significant implications for the rapidly changing manufacturing challenge.

Originality/value

To the best of the authors’ knowledge, no study has provided for the MMAL balancing problem in a MTO environment considering control points. This study provides the first attempt to fill this research gap. Also, a usual assumption in the literature that common tasks of different models must be assigned to a single station is relaxed and different types of real assignment restrictions like resource restrictions and tasks restrictions are described.

Details

Journal of Modelling in Management, vol. 15 no. 1
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 30 April 2020

Mohammad Khalilzadeh, Arya Karami and Alborz Hajikhani

This study aims to deal with supplier selection problem. The supplier selection problem has significantly become attractive to researchers and practitioners in recent years. Many…

Abstract

Purpose

This study aims to deal with supplier selection problem. The supplier selection problem has significantly become attractive to researchers and practitioners in recent years. Many real-world supply chain problems are assumed as multiple objectives combinatorial optimization problems.

Design/methodology/approach

In this paper, the authors propose a multi-objective model with fuzzy parameters to select suppliers and allocate orders considering multiple periods, multiple resources, multiple products and two-echelon supply chain. The objective functions consist of total purchase costs, transportation, order and on-time delivery, coverage and the weights of suppliers. Distance-based partial and general coverage of suppliers makes the number of orders of products more realistic. In this model, the weights of suppliers are determined by fuzzy Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method, as a multi-criteria decision analysis method, in the objective function. Also, the authors consider the parameters related to delays as triangular fuzzy numbers.

Findings

A small-sized numerical example is provided to clearly show the proposed model. The exact epsilon constraint method is used to solve this given multi-objective combinatorial optimization problem. Subsequently, the sensitivity analysis is conducted to testify the proposed model. The obtained results demonstrate the validity of the proposed multiple objectives mixed integer mathematical programming model and the efficiency of the solution approach.

Originality/value

In real-life situations, supplier selection parameters are uncertain and incomplete. Hence, the fuzzy set theory is used to tackle uncertainty. In this paper, a multi-objective supplier selection problem is formulated taking into consideration the coverage of suppliers and suppliers’ weights. Integrating coverage of suppliers to select and allocate the order to them can be mentioned as the main contribution of this study. The proposed model considers the delay from suppliers as fuzzy parameters.

Details

Journal of Modelling in Management, vol. 15 no. 3
Type: Research Article
ISSN: 1746-5664

Keywords

1 – 10 of over 4000