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| Titel: |
A Benders-based heuristic for the robust capacitated international sourcing problem |
| Auteur: |
Velarde, Jose Luis Gonzalez Laguna, Manuel |
| Verschenen in: |
IIE transactions |
| Paginering: | Jaargang 36 (2004) nr. 11 pagina's 1125-1133 |
| Jaar: |
2004-11 |
| Inhoud: |
A common assumption when solving optimization problems is that all parameters are certain; however, in the real world, key data are often uncertain. In this paper, we introduce a formulation of the robust capacitated international sourcing problem. The main contribution of this work is that the formulation assumes a finite capacity, as opposed to the infinite-capacity assumption made in related studies. The formulation also deals with the uncertainty of relevant parameters, such as demand and exchange rates, and uses an objective function that incorporates a measure of risk. A heuristic search method based on Benders decomposition and tabu search is proposed and tested. The computational experiments showed that this method yields acceptable results. |
| Uitgever: |
Taylor & Francis |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
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