Speaker:
Sandra D. Eksioglu
Department of Industrial Engineering
Mississippi State University
Time and Place: 4:00 p.m., Friday, November 11, 2005, 14 Allen
Title:
Optimizing Integrated Production and Distribution
Planning Problems in Supply Chains
Abstract:
In this talk we present a study of optimization models that
integrate production, inventory and transportation decisions, in search
of opportunities to improve the performance of a supply chain network.
We estimate the total costs of a given design of a general supply chain
network, including production, inventory and transportation costs. We
consider production and transportation costs to be of fixed charge
type.
These problems are modeled as network flow problems with fixed charge
costs. The computational complexity of the problem makes the use of
heuristics solution procedures advisable. We propose network flow
algorithms to find good quality solutions and good lower bounds for
these problems.
Host:
Seongjai Kim, (662)
325-7163, skim@math.msstate.edu
Refreshments: 3:30-4:00 p.m., 467 Allen
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