The impact of operations anticipations on the quality of stochastic location-allocation models

• Published in: Omega (Oxford) Vol. 62; pp. 19 - 33
• Main Authors: Klibi, Walid, Martel, Alain, Guitouni, Adel
• Format: Journal Article
• Language: English
• Published: Oxford Elsevier Ltd 01.07.2016; Pergamon Press Inc
• Subjects: Anticipation; Capital expenditures; Location analysis; Location-transportation problems; Scenario planning; Stochastic demand; Stochastic models; Stochastic programming; Studies; Supply chain network design; Supply chains; Transportation problem (Operations research); Location-transportation problems; Anticipation; Supply chain network design; Stochastic demand; Scenario planning; Stochastic programming

It is now a common practice to use optimization models, such as location-allocation models, to support the design of supply chain networks (SCN). The value creation potential of a SCN design must be evaluated in terms of capital expenditures, but also of the operating revenues and expenses incurred...