Research Article

Optimizing the Joint Replenishment and Channel Coordination Problem under Supply Chain Environment Using a Simple and Effective Differential Evolution Algorithm

Table 6

Parameters for the extended problem.

ParametersValue

Number of materials10, 30, 50
, Demand rate
, Production rate18000
, Setup cost of material for the manufacturers45
Major ordering cost for the retailer30
, Minor ordering cost of material for the retailer
,   Carrying cost rate of material for the retailer
,   Carrying cost rate of material for the manufacturers