GREEDY RANDOMIZED ADAPTIVE SEARCH PROCEDURES FOR A SINGLE PRODUCT NETWORK DESIGN MODEL

@inproceedings{Gashti2011GREEDYRA,
  title={GREEDY RANDOMIZED ADAPTIVE SEARCH PROCEDURES FOR A SINGLE PRODUCT NETWORK DESIGN MODEL},
  author={Mahdis Haghighi Gashti and Hassan Javanshir},
  year={2011}
}
We consider a two-stage supply chain which contains a production facility and distribution centers (DCs) that supply retailers demand. The objective is to locate distribution centers in the network such that the sum of fixed facility location, pipeline inventory, and safety stock costs is minimized. We use Greedy randomized adaptive search procedures (GRASP) to solve the model and compare their performance to that of a Lagrangian heuristic and genetic algorithms (GAs) developed in earlier work… CONTINUE READING

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