Developing a Location-Pricing-Inventory Model for Distribution Systems

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Mohammadi Bajgiran, Hadi | 2010

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Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 40431 (01)
University: Sharif University of Technology
Department: Industrial Engineering
Advisor(s): Shavandi, Hassan
Abstract:
In this thesis, a new location-pricing model considering inventory costs has been developed. We should locate a certain number of distribution centers over the market area as a network and also determine the price and inventory of product in each distribution center for reach the maximum profit. A mathematical model was developed to maximize the earned profit. A hybrid algorithm is developed as a solution method including a tabu search algorithm for determining distribution centers location and an exact solution for determining pricing and inventory in each distribution center. Algorithm performance is compared against GAMS optimization solver and exact method.
Keywords:
Location ; Inventories ; Pricing ; Utility Function ; Market Network ; Tabu Search Algorithm

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