Research Article

A Network Optimization Research for Product Returns Using Modified Plant Growth Simulation Algorithm

Table 1

Input parameters in the case study.

ParameterIndexValue

Annual rental expense of an ICP$200

Daily inventory carrying cost per unit at an ICP$0.1

Working days per year250

Daily product handling cost per unit at an ICP$0.1

Cost of establishing a CRC$3000

Capacity of a CRC1000 units

Service radius of an ICP25 miles

Unit standard transportation cost$1

Discount rate according to shipping volume0.8
0.6
200 units
400 units

Penalty rate according to shipping distance1.1
1.2
25 miles
60 miles

Minimum number of established ICPs1

Minimum number of established CRCs1