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Supplier Selection for a Newsboy Model with Budget and Service Level Constraints

  • Conference paper
Computational Science and Its Applications – ICCSA 2007 (ICCSA 2007)

Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 4705))

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Abstract

A style dress outlet usually purchases products from multiple suppliers with different cost, quality and selling price. It is assumed that some suppliers will sell their goods to the buyer outright, while some other suppliers will offer return policy for items unsold. In the latter case, the supplier buys back from the buyer the unsold items at the end of the selling season. The purpose of this study is to enable the buyer to develop a supplier selection and replenishment policy subject to limited budget. A minimal service level and uncertain market are assumed as well. Genetic algorithm (GA) is used to solve the problem.

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Author information

Authors and Affiliations

  1. Industrial Engineering and Management Department, St. John’s University, Tamsui, Taipei 25135, ROC

    P. C. Yang, E. Zahara, S. H. Kang & Y. F. Tseng

  2. Industrial Engineering Department, Chung Yuan Christian University, Chungli, Taiwan, 32023, ROC

    H. M. Wee

Authors
  1. P. C. Yang
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  2. H. M. Wee
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  3. E. Zahara
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  4. S. H. Kang
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  5. Y. F. Tseng
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Editor information

Osvaldo Gervasi Marina L. Gavrilova

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© 2007 Springer-Verlag Berlin Heidelberg

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Yang, P.C., Wee, H.M., Zahara, E., Kang, S.H., Tseng, Y.F. (2007). Supplier Selection for a Newsboy Model with Budget and Service Level Constraints. In: Gervasi, O., Gavrilova, M.L. (eds) Computational Science and Its Applications – ICCSA 2007. ICCSA 2007. Lecture Notes in Computer Science, vol 4705. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-74472-6_46

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  • DOI: https://doi.org/10.1007/978-3-540-74472-6_46

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-74468-9

  • Online ISBN: 978-3-540-74472-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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