Loading...

Developing a multi-products newsboy problem with a hybrid method of fuzzysimulation and simulated annealing

Taleizadeh, A. A ; Sharif University of Technology

749 Viewed
  1. Type of Document: Article
  2. Abstract:
  3. In this paper, we develop the multi-products multi-constraints newsboyproblem with fuzzy demands considering the total discount situation. Since thedemands of products are often fuzzy in the real world, the profit of the newsboyis fuzzy too. A new model is presented for multi-products multi-constraintsnewsboy problem in fuzzy Environment (FM-PM-CNP). The objective function ofproposed model is to maximize the expected profit of newsboy. We consider theconstraints such as service rate, restriction on quantity order, and restrictionon warehouse space and budget. We also consider batch size for products order.Furthermore, a hybrid intelligent algorithm based on simulated annealing andfuzzy simulation is presented for the developed model. Finally an illustrativeexample is presented to show the performance of the developed model andalgorithm. © 2009 IEEE
  4. Keywords:
  5. Fuzzy sets ; Newsboy ; Batch sizes ; Developed model ; Expected profits ; Fuzzy demand ; Fuzzy environments ; Hybrid intelligent algorithms ; Hybrid method ; Inventory ; Multi-constraints ; Multi-products ; New model ; Newsboy ; Newsboy problem ; Objective functions ; Service rates ; Simulation ; Warehouse space ; Annealing ; Computer simulation ; Dynamic programming ; Fuzzy sets ; Industrial engineering ; Integer programming ; Profitability ; Simulated annealing
  6. Source: 2009 International Conference on Computers and Industrial Engineering, CIE 2009, 6 July 2009 through 9 July 2009, Troyes ; 2009 , Pages 1787-1792 ; 9781424441365 (ISBN)
  7. URL: http://ieeexplore.ieee.org/document/5223898