Ant colony optimisation algorithm for location routing decisions in a supply chain Online publication date: Tue, 22-Nov-2016
by Vinay V. Panicker; M. Vamshidhar Reddy; R. Sridharan
International Journal of Value Chain Management (IJVCM), Vol. 7, No. 4, 2016
Abstract: In this work, an ant colony optimisation-based heuristic is developed to solve the location-routing problem. The proposed heuristic solves the allocation problem and the routing problem simultaneously. This simultaneous approach is the novelty of the solution methodology. The proposed heuristic is tested on a set of well-known benchmark problem instances and the results obtained are compared with that using the other heuristics reported in the literature. For larger size problem instances, the proposed heuristic provides better solutions.
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