Article ID: | iaor20164124 |
Volume: | 8 |
Issue: | 2 |
Start Page Number: | 104 |
End Page Number: | 121 |
Publication Date: | Nov 2016 |
Journal: | International Journal of Services Operations and Informatics |
Authors: | Teich Tobias, Neumann Tim, Militzer Joerg, Kretz Daniel |
Keywords: | marketing, combinatorial optimization, heuristics: genetic algorithms, simulation, decision, supply & supply chains |
Individual customer demands, price pressure and the probability to deliver at the required date and time are important factors for small and medium sized enterprises (SME). These companies, often in the branch of single‐part or small‐series production, want to be the supplier for larger companies. Decision makers in large companies have to investigate potential suppliers due to these mostly interrelated criteria. Considering different variants of manufacturing a product and the premature investigation of resources and there capacities make it possible to increase known factors during the proposal preparation. Therefore, this paper is introducing a conceptual framework for the evaluation of different process variants to manufacture a product. In this framework, we are using genetic algorithms to optimise and evaluate process variants including the necessary resources and their capacitive use in an evaluated period.