Open Access
Journal Article
Robust Optimization Techniques in Supply Chain Design
by
David Martin
ORS 2022 4(2):32; 10.69610/j.ors.20220915 - 15 September 2022
Abstract
The aim of this paper is to provide an in-depth analysis of robust optimization techniques in the field of supply chain design. Supply chains are complex systems that involve the coordination of various entities to deliver products and services to customers efficiently. As such, supply chain design plays a pivotal role in ensuring the overall performance of the supply chain. Ho
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The aim of this paper is to provide an in-depth analysis of robust optimization techniques in the field of supply chain design. Supply chains are complex systems that involve the coordination of various entities to deliver products and services to customers efficiently. As such, supply chain design plays a pivotal role in ensuring the overall performance of the supply chain. However, the inherent uncertainties in demand, lead times, and costs pose significant challenges to the design process. Robust optimization techniques offer a promising approach to address these challenges by incorporating uncertainty into the design model. This paper reviews the evolution of robust optimization techniques and their application in supply chain design. It discusses the advantages of using robust optimization over traditional deterministic models, highlighting the ability to handle uncertainty and improve the robustness of the supply chain. Furthermore, the paper presents case studies demonstrating the practical application of robust optimization techniques in various industries. In conclusion, the paper emphasizes the importance of robust optimization in enhancing the resilience and sustainability of supply chain designs.