A Multi-Periodic Multi-Product Inventory Control Problem with Discount: GA Optimization Algorithm

Publish Year: 1389
نوع سند: مقاله ژورنالی
زبان: English
View: 305

This Paper With 8 Page And PDF Format Ready To Download

  • Certificate
  • من نویسنده این مقاله هستم

این Paper در بخشهای موضوعی زیر دسته بندی شده است:

استخراج به نرم افزارهای پژوهشی:

لینک ثابت به این Paper:

شناسه ملی سند علمی:

JR_JOIE-4-7_005

تاریخ نمایه سازی: 22 آبان 1397

Abstract:

In this article, a finite horizon, multi product and multi period economic order quantity like seasonal items is considered where demand rate is deterministic and known but variable in each period. The order quantities of items come in batch sizes and the end of the period order quantity and, consequently, demand of customers are zero. In addition, storage space is constrained and the problem was considered under all units discount (AUD) policy. The modeling technique used for this problem is mixed binary integer programming. The objective was to find the minimization optimal order quantities under time value of money over the finite horizon. The inventory control system costs include three costs: ordering cost, holding cost, and purchase cost. In order to solve the proposed model, a genetic algorithm (GA) is applied. Finally, we provide a number of examples in order to illustrate the algorithms further.

Authors

Seyed Mohsen Mousavi

MSc, Faculty of Industrial and Mechanical Engineering, Qazvin Branch, Islamic Azad University, Qazvin, Iran

Seyed Hamidreza Pasandideh

Assistant Professor, Faculty of Industrial and Mechanical Engineering, Qazvin Branch, Islamic Azad University, Qazvin, Iran