1. Tariff concessions in production sourcing
- Author
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Guo, Yunsong, Li, Yanzhi, Lim, Andrew, and Rodrigues, Brian
- Subjects
Algorithms ,Tariffs ,Management science ,Computer science ,Algorithm ,Business ,Business, general ,Business, international - Abstract
To link to full-text access for this article, visit this link: http://dx.doi.org/10.1016/j.ejor.2007.03.004 Byline: Yunsong Guo (a), Yanzhi Li (b), Andrew Lim (c), Brian Rodrigues (d) Keywords: Production sourcing; Tariffs; Heuristics Abstract: In this paper, we study a multi-stage production sourcing problem where tariff concessions can be exploited at the firm level using free trade agreements between countries. To solve the problem, an algorithm which embeds a very large-scale neighborhood (VSLN) search into a simulated annealing framework is developed. A numerical study is conducted to verify the effectiveness of the solution approach. Author Affiliation: (a) Department of Computer Science, Cornell University, Ithaca, NY 14853, USA (b) Department of Management Sciences, City University of Hong Kong, Tat Chee Avenue, Kowloon, Hong Kong (c) Department of IELM, Hong Kong University of Science and Technology, Clear Water Bay, Kowloon, Hong Kong (d) Lee Kong Chian School of Business, Singapore Management University, 50 Stamford Road, Singapore 178899, Singapore Article History: Received 14 September 2005; Accepted 21 March 2007
- Published
- 2008