TY - GEN
T1 - Economic lot scheduling problem with allowable shortage
T2 - 2011 IEEE 18th International Conference on Industrial Engineering and Engineering Management, IE and EM 2011
AU - Kayvanfar, V.
AU - Zandieh, M.
AU - Mahdavi, I.
PY - 2011
Y1 - 2011
N2 - Economic lot scheduling problem (ELSP) in a multi-objective approach is surveyed in this study regarding deteriorating items and allowable shortage using extended basic period (EBP) approach under Power-of-Two (PoT) policy. The goal of this research is minimizing number of items stock out throughout each period and cost of such schedule, i.e. setup cost and holding cost including deteriorating factor. Two multi-objective algorithms, i.e., non-dominated sorting genetic algorithm (NSGAII) and non-dominated ranking genetic algorithms (NRGA) is employed to approach this goal. Computational experiments demonstrate that these meta-heuristic multi-objective algorithms can solve such a problem with satisfactory results.
AB - Economic lot scheduling problem (ELSP) in a multi-objective approach is surveyed in this study regarding deteriorating items and allowable shortage using extended basic period (EBP) approach under Power-of-Two (PoT) policy. The goal of this research is minimizing number of items stock out throughout each period and cost of such schedule, i.e. setup cost and holding cost including deteriorating factor. Two multi-objective algorithms, i.e., non-dominated sorting genetic algorithm (NSGAII) and non-dominated ranking genetic algorithms (NRGA) is employed to approach this goal. Computational experiments demonstrate that these meta-heuristic multi-objective algorithms can solve such a problem with satisfactory results.
KW - Deterioration factor
KW - economic lot scheduling problem (ELSP)
KW - multi-objective algorithms
UR - http://www.scopus.com/inward/record.url?scp=80155209943&partnerID=8YFLogxK
U2 - 10.1109/IEEM.2011.6035307
DO - 10.1109/IEEM.2011.6035307
M3 - Conference contribution
AN - SCOPUS:80155209943
SN - 9781612844473
T3 - 2011 IEEE 18th International Conference on Industrial Engineering and Engineering Management, IE and EM 2011
SP - 920
EP - 923
BT - 2011 IEEE 18th International Conference on Industrial Engineering and Engineering Management, IE and EM 2011
Y2 - 3 September 2011 through 5 September 2011
ER -