MACE-SCM: An effective supply chain decision making approach based on multi-agent and case-based reasoning

Ohbyung Kwon, Ghiyoung Im, Kun Chang Lee

Research output: Contribution to journalConference articlepeer-review

9 Citations (Scopus)

Abstract

Supply chain scholars have applied optimization techniques such as linear programming and mixed integer programming to solve a variety of supply chain management problems. Despite the advancement of optimization techniques, this approach has not been fully extended to addressing more complicated problems such as revenue maximization and stochastic dimension. In this research, we propose an alternative approach based on multi-agent and CBR in solving optimization problems. One advantage of this approach is that supply chain managers can take advantage of the benefits of supply chain models with less effort. We compare the performance outcomes of the prototype system with the optimization model using a variety of scenarios. The results of statistical analyses suggest comparable performance outcomes between the two approaches, proving the feasibility and viability of our model in providing solutions to supply chain managers.

Original languageEnglish
Pages (from-to)82
Number of pages1
JournalProceedings of the Annual Hawaii International Conference on System Sciences
Publication statusPublished - 2005
Event38th Annual Hawaii International Conference on System Sciences - Big Island, HI, United States
Duration: 3 Jan 20056 Jan 2005

Fingerprint

Dive into the research topics of 'MACE-SCM: An effective supply chain decision making approach based on multi-agent and case-based reasoning'. Together they form a unique fingerprint.

Cite this