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The location selection for thermal power plant (TPP) is a strategic decision, which has significant impact on economic operation of the plant and sustainable development of the region. Further, ranking of the alternative locations, and selection of the most suitable and efficient locations for...
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This study aims to determine the value of vendor-managed inventory (VMI) over independent decision making with information sharing (IS) under non-stationary stochastic demand with service-level constraints. For this purpose, we utilize mixed-integer linear programming formulations to quantify...
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