A Multi-objective, simulation-based optimization framework for supply chains with premium freights

作者：

Highlights：

• A simulation-based optimization framework is developed for inventory optimization.

• A decomposition-based multi-objective differential evolution algorithm is developed.

• The proposed framework is implemented to a multi-national automotive supply chain.

• The framework yields better results than NSGA-II and the current operating condition.

摘要

•A simulation-based optimization framework is developed for inventory optimization.•A decomposition-based multi-objective differential evolution algorithm is developed.•The proposed framework is implemented to a multi-national automotive supply chain.•The framework yields better results than NSGA-II and the current operating condition.

论文关键词：Simulation-based optimization,Differential evolution,NSGA-II,Inventory management

论文评审过程：Received 9 March 2016, Revised 20 September 2016, Accepted 21 September 2016, Available online 21 September 2016, Version of Record 28 September 2016.

论文官网地址：https://doi.org/10.1016/j.eswa.2016.09.034