Model and Algorithm for Closed-loop Logistics System Considering Time-satisfaction Degree and Returns under E-commerce Environment

Authors

Hao Guo, School of Information Management, Central China Normal UniversityFollow
Yanhui Li, School of Information Management, Central China Normal UniversityFollow
Bailing Liu, School of Information Management, Central China Normal University

Abstract

Facility location, inventory control and vehicle routes scheduling are critical and highly related problems in the design of logistics system for e-business. Meanwhile, the return ratio in Internet sales was significantly higher than in the traditional business. At the same time, the customer’s time-satisfaction degree had become one of the important factors for competition .A multi-objective integrated optimization model of location-inventory-routing problem (LIRP) taking the cost of the returned merchandises and time-satisfaction degree into account is proposed for closed-loop logistics system. An improved adaptive genetic algorithm (IAGA) is designed to solve the model. Finally, the real instance is presented to show the effectiveness of the model and algorithm.

Recommended Citation

Guo, Hao; Li, Yanhui; and Liu, Bailing, "Model and Algorithm for Closed-loop Logistics System Considering Time-satisfaction Degree and Returns under E-commerce Environment" (2014). WHICEB 2014 Proceedings. 11.
https://aisel.aisnet.org/whiceb2014/11