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Research on Distribution and Inventory Cooperation of Agricultural Means Supply Chain

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  • Yanxin Zhu
  • Jiajing Wang
  • Lixian Liu
  • Ahmed Farouk

Abstract

This paper constructed a biobjective model based on the total cost and time satisfaction to provide a desirable solution to the distribution and inventory cooperation of agricultural means supply chain. The model simulated how the distribution center and retailers collaborate to meet the needs of the order customer in the random lead time and out-of-stock loss costs. By the features of the model, the biobjective genetic algorithm was improved based on elitism selection, aiming to improve the quality of noninferior solution in biobjective model. Finally, the influence degree of the lead time of delivery, unit inventory cost, and unit transport cost on the total cost of the system was quantified through the analysis of examples and sensitivity of model parameters. This research has provided valuable new insights into the distribution and inventory coordination of supply chain.

Suggested Citation

  • Yanxin Zhu & Jiajing Wang & Lixian Liu & Ahmed Farouk, 2021. "Research on Distribution and Inventory Cooperation of Agricultural Means Supply Chain," Discrete Dynamics in Nature and Society, Hindawi, vol. 2021, pages 1-12, September.
    • Handle: RePEc:hin:jnddns:4428725
    DOI: 10.1155/2021/4428725
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