Tariff Concessions in Production Sourcing
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.
Production sourcing, Tariffs, Heuristics
Operations and Supply Chain Management
European Journal of Operational Research
GUO, Yunsong; LI, Yanzhi; LIM, Andrew; and RODRIGUES, Brian.
Tariff Concessions in Production Sourcing. (2008). European Journal of Operational Research. 187, (2), 543-555. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/585