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DOIONLINE NO - IJMPE-IRAJ-DOIONLINE-502

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International Journal of Mechanical and Production Engineering (IJMPE)-IJMPE
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Volume Issue
Issue
Volume-2,Issue-2  ( Feb, 2014 )
Paper Title
An Integrated Stochastic Multi-Objective Supplier Selection Problem With Incremental Volume Discounts
Author Name
Remica Aggarwal, S.P Singh
Affilition
Department of Management, Birla Institute of Technology & Science, Pilani, Rajasthan, India Department of Management Studies, Indian Institute of Technology, Delhi, India
Pages
07-12
Abstract
Abstract— A stochastic multi-objective supplier selection model with lot size volume discounts is proposed in the paper. The stochastic parameters involved in the model are the uncertainties related to supplier’s capacity, product demand, unit cost of purchasing and lead time. These stochastic parameters are handled and converted to their deterministic equivalents using chance constraint based approach. To validate the proposed model, data is generated randomly and solved in LINGO 10.
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