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An Optimization Model of Yacht Service Supply Chain Using Particle Swarm Optimization and Cash-to-Cash Cycle

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The traditional supply chain as well as the service supply chain is also important as the service industry is growing. Also, among service industries, anybody who enjoys yacht leisure is increasing in accordance with the increased income and culture level. This study, therefore, proposes an optimization model which makes the all companies of a yacht service supply chain can do win-win at the same time. In a yacht service supply chain, all parties ‘profit evaluation uses C2C (Cash-to-Cash) cycle, which explains the financial terms and the parties’ total optimization uses PSO (Particle Swarm Optimization) method.
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Keywords: C2C; Optimization; PSO; Service Supply Chain

Document Type: Research Article

Affiliations: Department of Business Administration, Gwangju University, Korea

Publication date: November 1, 2016

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  • ADVANCED SCIENCE LETTERS is an international peer-reviewed journal with a very wide-ranging coverage, consolidates research activities in all areas of (1) Physical Sciences, (2) Biological Sciences, (3) Mathematical Sciences, (4) Engineering, (5) Computer and Information Sciences, and (6) Geosciences to publish original short communications, full research papers and timely brief (mini) reviews with authors photo and biography encompassing the basic and applied research and current developments in educational aspects of these scientific areas.
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