A constrained multiple raw materials manufacturing batch sizing problem

A constrained multiple raw materials manufacturing batch sizing problem

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Article ID: iaor20021112
Country: United Kingdom
Volume: 8
Issue: 2
Start Page Number: 121
End Page Number: 138
Publication Date: Mar 2001
Journal: International Transactions in Operational Research
Authors: , ,
Keywords: inventory: order policies
Abstract:

The purpose of this research is to determine an optimal batch size for a product, and the purchasing policy of associated raw materials, for a manufacturing firm. Like any other practical situation, this manufacturing firm has a limited storage space, and transportation fleet of known capacity. The mathematical formulation of the problem indicates that the model is a constrained nonlinear integer program. Considering the complexity of solving such a model, we investigate the use of genetic algorithms (GAs) for solving this model. We develop both binary and real coded genetic algorithms with six different penalty functions. In addition, we develop a new procedure to solve constrained optimization models using penalty function based GAs. The real coded genetic algorithms work well for the batch sizing problem. The detailed computational experiences are presented.

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