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Multi-echelon Inventory Control Model and Algorithm in Coal Supply Chain

In: Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013)

Author

Listed:
  • Kai Kang

    (Hebei University of Technology)

  • Jing Zhang

    (Hebei University of Technology)

  • Lu Ji

    (Hebei University of Technology)

  • Cui-juan Shang

    (Hebei University of Technology)

Abstract

The inventory control in coal supply chain is an important guarantee for reducing the total inventory costs and running sustainably. This article firstly introduced the multi-echelon inventory control theory into coal supply chain, and established a mathematical model, which was the distributed two echelon inventory control model in coal supply chain, taking total inventory costs minimum in a certain customer service level as the goal. Then genetic algorithm was presented to solve the optimal reorder point, order batches and allocating batches of the regional distribution centers and storage and distribution bases. Finally, concrete examples were calculated separately by the distributed two echelon inventory control strategy in supply chain based on information coordinating center and traditional coal inventory control strategy. The comparing results indicated the effectiveness of the distributed two echelon inventory model and algorithm in coal supply chain based on cost optimization.

Suggested Citation

  • Kai Kang & Jing Zhang & Lu Ji & Cui-juan Shang, 2014. "Multi-echelon Inventory Control Model and Algorithm in Coal Supply Chain," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013), edition 127, pages 533-544, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-40060-5_52
    DOI: 10.1007/978-3-642-40060-5_52
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    Cited by:

    1. Zeng, Lanyan & Liu, Shi Qiang & Kozan, Erhan & Corry, Paul & Masoud, Mahmoud, 2021. "A comprehensive interdisciplinary review of mine supply chain management," Resources Policy, Elsevier, vol. 74(C).
    2. Roozbeh Nia, Ali & Awasthi, Anjali & Bhuiyan, Nadia, 2023. "Integrate exergy costs and carbon reduction policy in order to optimize the sustainability development of coal supply chains in uncertain conditions," International Journal of Production Economics, Elsevier, vol. 257(C).

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