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To investigate how the loss averse customer’s psychological satisfaction affects the company’s furniture production planning, we establish a furniture production planning model under uncertain environment, where customer demand and production costs are characterized by mutually independent uncertain variables. Based on prospect theory, customer’s psychological satisfaction about stockout performance...
This study proposes a new approach combining the chemical reaction optimization framework with the unified tabu search (UTS) heuristic to solve the capacitated vehicle routing problem (CVRP). The CVRP is one of the most well-studied problems not only because of its real-life applications but also due to the fact that the CVRP could be used to evaluate the efficiency of new algorithms and optimization...
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