Abstract
This research develops a multi-stage decision framework for a three-tier collection network for hazardous waste considering random release dates. Applying a cost-based clustering approach, the first stage decisions involve locating the transfer stations and allocating generation nodes to the chosen facilities. The corresponding results, along with a subjective risk-aversion concept and estimated release dates, are utilized to generate an a priori collection plan, which can be further revised once the actual release dates are realized. We performed sensitivity analyses on important model elements, including the subjective risk-aversion parameter and vehicle capacity for collection tours. Our findings indicate that depending on the subjective perspective of the collector, deviations from the original scheduled plan can be a positive or negative phenomenon. For an optimistic decision-maker, adaption to the realized deviations necessitates accepting additional total risk. On the other hand, a pessimistic decision-maker is more likely to benefit from deviations. The findings can provide relevant authorities with practical and realistic strategic and operational decisions.
Original language | English |
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Article number | 120750 |
Journal | Expert Systems with Applications |
Volume | 232 |
DOIs | |
Publication status | Published - 1 Dec 2023 |
Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2023 Elsevier Ltd
Keywords
- Hazardous waste
- Location–routing–inventory problem
- Multi-stage decision-making
- Random release date
- Risk-aversion