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Abstract
In this paper, we propose a decomposition procedure for constructing robust optimal production plans for reverse inventory systems. Our method is motivated by the need of overcoming the excessive computational time requirements, as well as the inaccuracies caused by imprecise representations of problem parameters. The method is based on a min-max formulation that avoids the excessive conservatism of the dualization technique employed by Wei et al. (2011). We perform a computational study using our decomposition framework on several classes of computer generated test instances and we report our experience. Bienstock and Özbay (2008) computed optimal base stock levels for the traditional lot sizing problem when the production cost is linear and we extend this work here by considering return inventories and setup costs for production. We use the approach of Bertsimas and Sim (2004) to model the uncertainties in the input.
Original language | English |
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Title of host publication | Computational Science and its Applications - ICCSA 2017 |
Editors | Osvaldo Gervasi |
Place of Publication | Cham, Switzerland |
Publisher | Springer |
Pages | 684-695 |
Number of pages | 12 |
Volume | 10405 |
ISBN (Print) | 9783319623948 |
DOIs | |
Publication status | Published - 7 Jul 2017 |
Event | 17th International Conference on Computational Science and its Applications - Trieste, Italy Duration: 3 Jul 2017 → 6 Jul 2017 |
Publication series
Name | Lecture Notes in Computer Science |
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Publisher | Springer |
Volume | 10405 |
ISSN (Print) | 0302-9743 |
Conference
Conference | 17th International Conference on Computational Science and its Applications |
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Abbreviated title | ICCSA 2017 |
Country/Territory | Italy |
City | Trieste |
Period | 3/07/17 → 6/07/17 |
Keywords
- robust lot sizing
- remanufacturing
- decomposition
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9th EURO/ALIO Conference on Applied Combinatorial Optimization
Kerem Akartunali (Participant)
25 Jun 2018 → 27 Jun 2018Activity: Participating in or organising an event types › Participation in conference
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Production Planning: From Decompositions to Robust Reformulations
Kerem Akartunali (Speaker)
9 Jan 2018Activity: Talk or presentation types › Invited talk