Designing a portfolio-based closed-loop supply chain network for dairy products with a financial approach: Accelerated Benders decomposition algorithm

Basit Öğe Kaydı
dc.authoridTirkolaee, Erfan Babaee/0000-0003-1664-9210
dc.authoridGoli, Alireza/0000-0001-9535-9902
dc.authorwosidTirkolaee, Erfan Babaee/U-3676-2017
dc.contributor.authorGoli, Alireza
dc.contributor.authorTirkolaee, Erfan Babaee
dc.date.accessioned2024-05-19T14:40:09Z
dc.date.available2024-05-19T14:40:09Z
dc.date.issued2023
dc.departmentİstinye Üniversitesien_US
dc.description.abstractProduct portfolio design is one of the important and effective factors in the financial and physical flows of various supply chains, especially dairy products. Accordingly, the financial and physical flows of the portfolio should be taken into consideration during the supply chain design. In this study, a closed-loop supply chain (CLSC) network is designed for dairy products aiming at maximizing the net cash flow from assets and maximizing the amounts paid to shareholders simultaneously. To find the optimal policy, an accelerated Benders decomposition (ABD) algorithm is implemented to tackle the complexity of the model. Moreover, three multi-objective optimization solution approaches of the weighted sum method (WSM), augmented epsilon-constraint (AEC), and fuzzy multiobjective programming (FMOP) are implemented to tackle the bi-objectiveness of the model. Next, a real case study in Iran is investigated to reveal the applicability of the developed methodology. Numerical results reveal that the ABD method reduces CPU time by about 10.8%. Moreover, the results of the case study demonstrate that by integrating financial and physical flows, an improvement of 4.8478% in the net cash flow from assets and a 2.3% improvement in the amounts paid to shareholders compared to the current situation.en_US
dc.identifier.doi10.1016/j.cor.2023.106244
dc.identifier.issn0305-0548
dc.identifier.issn1873-765X
dc.identifier.scopus2-s2.0-85152939588en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org10.1016/j.cor.2023.106244
dc.identifier.urihttps://hdl.handle.net/20.500.12713/4915
dc.identifier.volume155en_US
dc.identifier.wosWOS:000987802700001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherPergamon-Elsevier Science Ltden_US
dc.relation.ispartofComputers & Operations Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240519_kaen_US
dc.subjectClosed -Loop Supply Chainen_US
dc.subjectDairy Productsen_US
dc.subjectNet Present Valueen_US
dc.subjectMulti -Objective Milpen_US
dc.subjectAccelerated Benders Decompositionen_US
dc.titleDesigning a portfolio-based closed-loop supply chain network for dairy products with a financial approach: Accelerated Benders decomposition algorithmen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu