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A multicriteria optimization approach for risk-value-cost optimal production networks

: Prinz, Andrea; Bauernhansl, Thomas

Langton, Sebastian (Ed.) ; Deutsche Gesellschaft für Operations Research -DGOR-; Operational Research Society -OR-, Decision Analysis Special Interest Group:
Decision analysis and multiple criteria decision making : Proceedings of the joint GOR- and DASIG-Conference 2013, 23.-24.09.2013, Hamburg
Aachen: Shaker, 2014 (Berichte aus der Betriebswirtschaft)
ISBN: 978-3-8440-2908-6
12 pp.
Joint Meeting of Decision Analysis Special Interest Group <2013, Hamburg>
German Operations Research Society and Operational Research Society, Decision Analysis Special Interest Group (Conference) <2013, Hamburg>
Conference Paper
Fraunhofer IPA ()
Risiko; Produktionsnetzwerk; Supply Chain Management (SCM); Operations Management; Wertschöpfung; Fertigung; Kosten Nutzen Analyse

Current methodologies for optimizing the structure of production networks do not consider qualitative factors in an adequate way. The method being developed by the Fraunhofer IPA analyzes both costs and qualitative factors classified into risks and values in an integrated manner to determine the global optimum of a production network. In order to compare these quantitative and qualitative factors, a multi-criteria optimization approach is used. The production network is modeled as a mixed-integer linear optimization program. For realizing the optimization model IBM ILOG CPLEX Optimization Studio is used.