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According to Chopra and Meindl (2001), the objective of supply chain is to maximize the overall value generated.
Similar(59)
The Turkish-Azerbaijani relationship has already been strained by Turkish hard-bargaining over the Nabucco pipeline project, which is the most plausible way of achieving Azerbaijan's strategic objective of supplying gas to Europe.
A trade-off analysis was conducted in terms of surplus wind power and renewables penetration rate, with the objective of supplying decision support on wind turbine placement.
The last stage is the allocation of remote-controlled switches according to the objectives of supply quality.
The objective of effective supply chain management is the coordination of information, materials and financial flows between organisations.
The economic objective of the supply chain model is to maximize the profit for a 20-year chemicals production system.
The objective of green supply chain management is to eliminate or minimize waste (energy, hazardous greenhouse gas/chemical emissions, and solid waste).
A mixed integer linear programming (MILP) model is developed for the optimal design with the objective of minimizing supply chain total energy input.
The assumed objective of the supply chain is to minimize the level of customer dissatisfaction, which is evaluated by two performance criteria: (i) price and (ii) delivery lead time.
The primary objective of commercial supply chains is to minimise costs associated with business operations, while humanitarian logistics seeks to minimise the suffering of the affected population with cost a secondary consideration (74).
The advantages of our method are illustrated by means of two case studies that address the multi-objective optimization of supply chains that produce bioethanol and hydrogen for vehicle use.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com