Work

A stochastic dual dynamic integer programming based approach for remanufacturing planning under uncertainty

Year: 2022
Type: article
Abstract: We seek to optimize the production planning of a three-echelon remanufacturing system under uncertain input data. We consider a multi-stage stochastic integer programming approach and use scenario trees to represent the uncertain information structure. We introduce a new dynamic programming formulation that relies on a partial nested decomposition of the scenario tree. We then propose a new approximate stochastic dual dynamic integer programming algorithm based on this partial decomposition. Our numerical results show that the proposed solution approach is able to provide near-optimal solutions for large-size instances with a reasonable computational effort.
Language: English
Open Access status: green
Award: G106017895
OpenAlex ID: W4296293147
FWCI: 1.867
Cites: 38
Cited by: 13
Related to: 10