Loading...
Search for: binary-continuous-differential-evolution
0.008 seconds

    Soft time-windows for a bi-objective vendor selection problem under a multi-sourcing strategy: Binary-continuous differential evolution

    , Article Computers and Operations Research ; Volume 76 , 2016 , Pages 43-59 ; 03050548 (ISSN) Niknamfar, A. H ; Akhavan Niaki, S. T ; Sharif University of Technology
    Elsevier Ltd 
    Abstract
    This paper introduces a novel and practical integration of the inventory control and vendor selection problems for a manufacturing system that provides multiple products for several stores located in different places. The replenishment policy of each store is the economic order quantity under a multi-sourcing strategy in which the demand rate decreases as the selling price increases. In this strategy, the ordered quantity of each store for each product can be replenished by a set of selected vendors among all. In addition, the selected vendors can deliver the required products within a certain time window based on a soft time-window mechanism. The aim is to minimize the total system cost and...