A Continuous Review Inventory Control Model within the Batch Arrival Queuing Framework: A Parameter-Tuned Imperialist Competitive Algorithm

Publish Year: 1391
نوع سند: مقاله ژورنالی
زبان: English
View: 219

This Paper With 14 Page And PDF Format Ready To Download

  • Certificate
  • من نویسنده این مقاله هستم

استخراج به نرم افزارهای پژوهشی:

لینک ثابت به این Paper:

شناسه ملی سند علمی:

JR_JOIE-5-11_002

تاریخ نمایه سازی: 22 آبان 1397

Abstract:

In this paper, a multi-product continuous review inventory control problem within the batch arrival queuing approach (MQr/M/1) is modeledto find the optimal quantities of the maximum inventory. The objective function is to minimize the total costs of ordering, holding andshortage under warehouse space and service level, and expected lost-sales shortage cost constraints from retailer and warehouseviewpoints. Since the proposed model is NP-hard, an efficient imperialist competitive algorithm (ICA) is developed to solve the model.Moreover, to justify the proposed ICA, a simulated annealing algorithm is utilized, and to determine the best values of algorithmparameters that may result in a better solution, a fine-tuning procedure is followed. Finally, the performance of the proposed ICA isassessed through some numerical examples.

Keywords:

Authors

Mohammad Alaghebandha

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

Seyed Hamid Reza Pasandideh

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

Vahid Hajipour

Ph.D.Student, Young Researchers Club, Qazvin Branch, Islamic Azad University, Qazvin, Iran