Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency

Nowadays, using Blockchain Technology (BCT) is growing faster in each country. It is essential to apply BCT in Supply Chain Network Design (SCND) and is considered by the designer and manager of SC. This research indicates Viable Supply Chain Network Design (VSCND) by applying BCT. A new form of two...

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Autores principales:	Reza Lotfi, Soroush Safavi, Alireza Gharehbaghi, Sara Ghaboulian Zare, Reza Hazrati, Gerhard-Wilhelm Weber
Formato:	article
Lenguaje:	EN
Publicado:	Hindawi Limited 2021
Materias:	Engineering (General). Civil engineering (General) TA1-2040 Mathematics QA1-939
Acceso en línea:	https://doaj.org/article/78578b40ef0c4abaa50678a4da9a2930
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spelling	oai:doaj.org-article:78578b40ef0c4abaa50678a4da9a29302021-11-22T01:10:30ZViable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency1563-514710.1155/2021/7347389https://doaj.org/article/78578b40ef0c4abaa50678a4da9a29302021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/7347389https://doaj.org/toc/1563-5147Nowadays, using Blockchain Technology (BCT) is growing faster in each country. It is essential to apply BCT in Supply Chain Network Design (SCND) and is considered by the designer and manager of SC. This research indicates Viable Supply Chain Network Design (VSCND) by applying BCT. A new form of two-stage robust optimization is suggested. Facility locations and activation BCT for VSCND is the first stage of decisions; finally, we determine flow transshipment between components in the next stage. The GAMS-CPLEX is used for solving the model. The results show that running BCT will decrease 0.99% in costs. There is an economic justification for using BCT when demand is high. A fix-and-optimize and Lagrange relaxation (LR) generate lower and upper bound to estimate large scale in minimum time. The gap between the main model and fix-and-optimize is better than the LR algorithm. Finally, this research suggests equipping VSCND by BCT that becomes more resilient against demand fluctuation, sustainable, and agile.Reza LotfiSoroush SafaviAlireza GharehbaghiSara Ghaboulian ZareReza HazratiGerhard-Wilhelm WeberHindawi LimitedarticleEngineering (General). Civil engineering (General)TA1-2040MathematicsQA1-939ENMathematical Problems in Engineering, Vol 2021 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Engineering (General). Civil engineering (General) TA1-2040 Mathematics QA1-939
spellingShingle	Engineering (General). Civil engineering (General) TA1-2040 Mathematics QA1-939 Reza Lotfi Soroush Safavi Alireza Gharehbaghi Sara Ghaboulian Zare Reza Hazrati Gerhard-Wilhelm Weber Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency
description	Nowadays, using Blockchain Technology (BCT) is growing faster in each country. It is essential to apply BCT in Supply Chain Network Design (SCND) and is considered by the designer and manager of SC. This research indicates Viable Supply Chain Network Design (VSCND) by applying BCT. A new form of two-stage robust optimization is suggested. Facility locations and activation BCT for VSCND is the first stage of decisions; finally, we determine flow transshipment between components in the next stage. The GAMS-CPLEX is used for solving the model. The results show that running BCT will decrease 0.99% in costs. There is an economic justification for using BCT when demand is high. A fix-and-optimize and Lagrange relaxation (LR) generate lower and upper bound to estimate large scale in minimum time. The gap between the main model and fix-and-optimize is better than the LR algorithm. Finally, this research suggests equipping VSCND by BCT that becomes more resilient against demand fluctuation, sustainable, and agile.
format	article
author	Reza Lotfi Soroush Safavi Alireza Gharehbaghi Sara Ghaboulian Zare Reza Hazrati Gerhard-Wilhelm Weber
author_facet	Reza Lotfi Soroush Safavi Alireza Gharehbaghi Sara Ghaboulian Zare Reza Hazrati Gerhard-Wilhelm Weber
author_sort	Reza Lotfi
title	Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency
title_short	Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency
title_full	Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency
title_fullStr	Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency
title_full_unstemmed	Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency
title_sort	viable supply chain network design by considering blockchain technology and cryptocurrency
publisher	Hindawi Limited
publishDate	2021
url	https://doaj.org/article/78578b40ef0c4abaa50678a4da9a2930
work_keys_str_mv	AT rezalotfi viablesupplychainnetworkdesignbyconsideringblockchaintechnologyandcryptocurrency AT soroushsafavi viablesupplychainnetworkdesignbyconsideringblockchaintechnologyandcryptocurrency AT alirezagharehbaghi viablesupplychainnetworkdesignbyconsideringblockchaintechnologyandcryptocurrency AT saraghaboulianzare viablesupplychainnetworkdesignbyconsideringblockchaintechnologyandcryptocurrency AT rezahazrati viablesupplychainnetworkdesignbyconsideringblockchaintechnologyandcryptocurrency AT gerhardwilhelmweber viablesupplychainnetworkdesignbyconsideringblockchaintechnologyandcryptocurrency
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Viable Supply Chain Network Design by considering Blockchain Technology and Cryptocurrency

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