By comparing these operations, an algorithm for deriving three-way decisions in multi-period decision making is designed.
The formulation integrates design decisions and future planning by constructing a multi-period decision process in which one makes decisions sequentially at each period.
The models are based on a minimum cost flow problem over a layered network following an underlying year-planning managerial approach, with multi-period decision dependency and in the presence of uncertainty.
Azadnia et al. (2015) integrated sustainable supplier selection with lot-sizing decision in multi-period multi-product situation.
Multi-period, multi-echelon and spatially explicit features are embodied within the formulation to steer decisions and investments through a global approach.
Firstly, it provided a linkage to pre-regulated policies that had to be respected when a modeling effort was undertaken; secondly, it was useful for tackling uncertainties presented as intervals probabilities; thirdly, it could facilitate dynamic analysis for decisions of facility expansions within a multi-facility, multi-period, multi-level, and multi-option context.
The problem involves a multi-period, multi-product, multi-echelon supply chain.
This paper presents an original top-down approach, made of original models and solving methods, and a decision support system (DSS) for the execution of the strategic planning, the tactical planning and the operational planning in a multi-echelon multi-stage multi-commodity and multi-period production, distribution and transportation system.
The multi-periods LRP can be considered.
1) GenCo agents apply decision-making approach, which is based on unit parameters and known market information, to obtain the best bidding strategy, then submit the multi-period bids to ISO according to the predefined format.
Multi-period evaluations are required for revealing these performances.
