Optimization on Supply Chain Network Based on High-Tech Products Life Cycle

Lei Zhang; Yan Yan Kong

doi:10.4028/www.scientific.net/AMM.416-417.1920

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 416-417Optimization on Supply Chain Network Based on...

Optimization on Supply Chain Network Based on High-Tech Products Life Cycle

Abstract:

In view of the characteristics of market demands of high-tech products life cycle at all stages, the response time model of the products life cycle at all stages was established according to the differences of products stage response points. Based on this, the production cost/time, transportation cost/time, shortage cost, sales price, and other factors of the products life cycle at all stages were taken into consideration. The 0-1 mixed integer optimization model of multi-factory and multi-distribution center with profit maximization as the optimization objective was established. Particle Swarm Optimization (PSO) algorithm was used to solve the decision variables. Finally, a numerical example was used to illustrate the practical application value of this model.

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Periodical:

Applied Mechanics and Materials (Volumes 416-417)

Pages:

1920-1925

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.416-417.1920

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Online since:

September 2013

Authors:

Lei Zhang, Yan Yan Kong

Keywords:

Logistics Cost, Optimization Design, Response Time, Supply Chain Network

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